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- A British ten pound note is seen in front of a stock graph in this November 7, 2016 picture illustration.REUTERS/Dado Ruvic/Illustration/File PhotoLONDON Britain's pound fell sharply on Monday as concern mounted that the country was heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.Some British newspapers have billed May's speech on Tuesday as laying out potential major changes to its preferential single market access and hardening its stance towards an economic bloc that accounts for roughly half its exports and imports.
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- May wants to regain control of borders and law, newspaper saysU.K. Prime Minister Theresa May will this week signal plans for a "hard Brexit'' by saying she's willing to quit the European Union's single market for goods and services to regain control of Britain's borders and laws, the Sunday Times reported.In a speech scheduled for Tuesday in London, May will prepare to withdraw from tariff-free trade with the region in return for the ability to curb immigration, strike commercial deals with other countries, and escape the jurisdiction of the European Court of Justice, the Sunday Times said without saying how it obtained the information.Her finance chief, Philip Hammond, in a separate interview said Britain would be willing to abandon "mainstream economic and social thinking" if it is unable to craft a favorable post-Brexit EU deal, according to the German newspaper Welt am Sonntag.
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- Get daily updates directly to your inbox + Subscribe Thank you for subscribing!Could not subscribe, try again later Invalid EmailTheresa May is prepared to yank Britain out of the Single Market in a "full works" hard Brexit , it was claimed today.The Prime Minister is expected to share details of her negotiating priorities for forthcoming talks with Brussels in a major set-piece speech on Tuesday.
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follow the latest news about markets from different sites for most famous technicals /Marc Jones by 2017-01-16 at 7:59
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Hard Brexit fears crunch sterling ahead of May speech
- A British ten pound note is seen in front of a stock graph in this November 7, 2016 picture illustration.REUTERS/Dado Ruvic/Illustration/File PhotoLONDON Britain's pound fell sharply on Monday as concern mounted that the country was heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.Some British newspapers have billed May's speech on Tuesday as laying out potential major changes to its preferential single market access and hardening its stance towards an economic bloc that accounts for roughly half its exports and imports.
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May to Seek Hard Brexit by Leaving EU Market, Times Reports
- May wants to regain control of borders and law, newspaper saysU.K. Prime Minister Theresa May will this week signal plans for a "hard Brexit'' by saying she's willing to quit the European Union's single market for goods and services to regain control of Britain's borders and laws, the Sunday Times reported.In a speech scheduled for Tuesday in London, May will prepare to withdraw from tariff-free trade with the region in return for the ability to curb immigration, strike commercial deals with other countries, and escape the jurisdiction of the European Court of Justice, the Sunday Times said without saying how it obtained the information.Her finance chief, Philip Hammond, in a separate interview said Britain would be willing to abandon "mainstream economic and social thinking" if it is unable to craft a favorable post-Brexit EU deal, according to the German newspaper Welt am Sonntag.
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Theresa May 'prepared to pull out of Single Market' in 'full works' hard Brexit
- Get daily updates directly to your inbox + Subscribe Thank you for subscribing!Could not subscribe, try again later Invalid EmailTheresa May is prepared to yank Britain out of the Single Market in a "full works" hard Brexit , it was claimed today.The Prime Minister is expected to share details of her negotiating priorities for forthcoming talks with Brussels in a major set-piece speech on Tuesday.
. read more from here
read more visit us Markets
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