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Four main decisions regarding Brexit announced by Theresa May

By Euro Weekly News Media • Published: 17 Jan 2017 • 13:02

Andrew Parsons i-Images No 10.

Theresa May.

THERESA MAY the British Prime Minister made her much leaked speech on her plans for Brexit at a press conference on January 17 with much of the content appearing to be in accord with the recent recommendations of the Commons Brexit committee.

There was nothing particularly unexpected in the speech which lasted some 40 minutes but there was confirmation of a number of definite decisions made by the government which will affect the tone and result of proposed negotiations.

The four main points of her speech, and therefore her position as Article 50 is implemented, are as follows:

  • Britain will not remain members of the single market;
  • Parliament will be allowed to vote on a final Brexit deal;
  • Britain will leave the customs union but will be looking for a special deal;
  • She will argue that there could be an extended transitional period that may need negotiation.

One piece of immediate positive news is that the pound strengthened against the euro during the speech.

In a clear warning to the leaders of the 27 states with whom she will have to negotiate, she stated that if they tried to make this a punitive deal then she would rather leave EU without a trade deal than accept a bad deal which could mean the UK could consider adopting a revised economic model.

The inference therefore was that such a model may result in significant corporate tax reductions to encourage international business back to the UK.

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Comments

    • Brian Eagleson

      18 January 2017 • 10:04

      After Theresa’s speech Nicola has more room for manoeuvre in her bid to win Independence for Scotland. Currently, support for a Scottish ‘Brexit’ from Britain has dropped back to roughly where it was during IndyRef1. If she were to hold an IndyRef2 right now she would lose. However, many dramatic changes in world politics have occurred since June and more will come in future.

      Perhaps the biggest impact on an IndyRef2 will be the ever-growing military belligerence of Putin’s Russia coupled with Trump’s dismissal of NATO as obsolete. Many Scots hate the fact that Britain’s nuclear deterrent base is at Faslane in central Scotland. With only 1 nuclear sub at sea at any given time and the others docked, it is a sitting target right beside Scotland’s most densely populated region! With a growing Cold War2 and an unpredictable US president constantly Tweeting rubbish from the White House anything could happen.

      Ms Sturgeon knows that her Scottish target can be removed from Russia’s sights by transferring Britain’s nuclear base to England. But first she has to gain Independence. All she has to do is wait for the right time. After 300 years, Scotland can afford to be patient.

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