Money May's Cabinet Is Split Three Ways Over Brexit Transition Plan

11:35  12 august  2017
11:35  12 august  2017 Source:   bloomberg.com

Britain's Unreal Brexit Transition Debate

  Britain's Unreal Brexit Transition Debate The air of unreality about the Brexit transition debate extends to the question of the form of the transition too: How will the U.K. negotiate with the EU when it isn’t entirely clear what it wants?There is an air of unreality about the debate that has been raging this summer over a Brexit transition deal. The mere fact that this debate is taking place at all is unreal. It was never remotely plausible that the U.K.

Prime Minister Theresa May ’ s cabinet remains divided over the best way to navigate Britain’s exit from the European Union, with advocates of a harder Brexit arguing for the shortest transition period possible.

(Bloomberg) -- Prime Minister Theresa May ’ s cabinet remains divided over the best way to navigate Britain’s exit from the European Union, with advocates of a harder Brexit arguing for the shortest transition period possible.

What to watch next
  • Boydston Says Kim Jong-Un Has Dual Track Policy

    Boydston Says Kim Jong-Un Has Dual Track Policy

    Bloomberg Logo
    Bloomberg
    1:16
  • Bandow Says Bluff and Blister Doesn’t Help U.S.

    Bandow Says Bluff and Blister Doesn’t Help U.S.

    Bloomberg Logo
    Bloomberg
    2:09
  • Rupkey Says Abenomics is a ‘Great Political Miracle’

    Rupkey Says Abenomics is a ‘Great Political Miracle’

    Bloomberg Logo
    Bloomberg
    3:47
  • Trump Steps Up Warnings to North Korea

    Trump Steps Up Warnings to North Korea

    Bloomberg Logo
    Bloomberg
    3:38
  • Nilsson-Wright on the Danger of U.S.-N. Korea Rhetoric

    Nilsson-Wright on the Danger of U.S.-N. Korea Rhetoric

    Bloomberg Logo
    Bloomberg
    2:13
  • Marshall Says Businesses Want Practical Answers on Brexit

    Marshall Says Businesses Want Practical Answers on Brexit

    Bloomberg Logo
    Bloomberg
    2:00
  • Merkel Hits Campaign Trail Seeking Fourth Term

    Merkel Hits Campaign Trail Seeking Fourth Term

    Bloomberg Logo
    Bloomberg
    2:20
  • Canada Trade Minister Confident Going Into Nafta Talks

    Canada Trade Minister Confident Going Into Nafta Talks

    Bloomberg Logo
    Bloomberg
    2:57
  • Trump Says He Hasn't Considered Firing Mueller

    Trump Says He Hasn't Considered Firing Mueller

    Bloomberg Logo
    Bloomberg
    1:42
  • Trump Calls Paul Manafort a 'Decent Man'

    Trump Calls Paul Manafort a 'Decent Man'

    Bloomberg Logo
    Bloomberg
    1:05
  • Trump Dials Up Warning to North Korea

    Trump Dials Up Warning to North Korea

    Bloomberg Logo
    Bloomberg
    3:13
  • Trump Says North Korea Better Get Its Act Together

    Trump Says North Korea Better Get Its Act Together

    Bloomberg Logo
    Bloomberg
    3:13
  • Trump Slams McConnell Over Failure of Obamacare Repeal

    Trump Slams McConnell Over Failure of Obamacare Repeal

    Bloomberg Logo
    Bloomberg
    1:23
  • Trump's 'Fire and Fury' Comment Stems From His Uncle John

    Trump's 'Fire and Fury' Comment Stems From His Uncle John

    Bloomberg Logo
    Bloomberg
    2:29
  • Mueller Said to Turn Up the Heat on Manafort

    Mueller Said to Turn Up the Heat on Manafort

    Bloomberg Logo
    Bloomberg
    2:32
  • Atlantic Council's Metzl Says Trump 'Mouthing Off'

    Atlantic Council's Metzl Says Trump 'Mouthing Off'

    Bloomberg Logo
    Bloomberg
    2:06
UP NEXT
UP NEXT

Prime Minister Theresa May’s cabinet remains divided over the best way to navigate Britain’s exit from the European Union, with advocates of a harder Brexit arguing for the shortest transition period possible.

Sir Vince Cable Attacks Elderly Brexit 'Martyrs' Who Have 'Shafted The Young'

  Sir Vince Cable Attacks Elderly Brexit 'Martyrs' Who Have 'Shafted The Young' The Liberal Democrat leader accused them of “masochism” and claimed older Brexit voters with views “coloured by nostalgia from an imperial past” had imposed their will on a younger generation more comfortable with the European Union. Meanwhile, Whitehall sources sought to play down speculation that Theresa May would be prepared to pay a Brexit bill of £36 billion as part of a deal to strike a comprehensive free trade agreement with Brussels.The so-called “divorce” bill has been one of the main stumbling blocks in Brexit negotiations between the Government and Brussels.

Prime Minister Theresa May ’ s cabinet remains divided over the best way to navigate Britain’s exit from the European Union, with advocates of a harder Brexit arguing for the shortest transition period possible.

Prime Minister Theresa May ’ s cabinet remains divided over the best way to navigate Britain’s exit from the European Union, with advocates of a harder Brexit arguing for the shortest transition period possible.

While the government now seems to agree on the need for a transition period, how this should be managed has split May’s closest ministers into three factions, according to an analysis by Cicero Group.

The divisions highlight the fragility of May’s administration after June’s snap election left her with no majority in Parliament. The new balance of powers has allowed those backing a more gradual break with the bloc, led by Chancellor Philip Hammond, to wield more influence on the shape of Brexit. Still, EU leaders have warned that with a 2019 deadline, the clock is ticking.

Hammond, backed by Home Secretary Amber Rudd, is focusing on the economic risks of Brexit, and on making the transition as gradual as possible. This includes keeping free movement for up to three years, and ensuring businesses retain full access to the single market and customs union during a transition period before moving to an implementation phase.

Trade Secretary Liam Fox is leading a faction on the other end of the spectrum, calling for as short a transition as possible and the freedom to negotiate trade deals straight away, according to Cicero.

The political consultancy sees May, her deputy Damien Green as well as leading Brexit supporters such as Environment Secretary Michael Gove and David Davis as positioning themselves between the two, backing a sustained transition period during which few restrictions would be put on EU migration, and rejecting single market membership but calling for transitional customs arrangements.


Kylie Jenner: 'There was not one thing wrong with me and Tyga' .
Kylie Jenner has opened up for the first time about the reason she ended her relationship with Tyga. The 20-year-old reality star called time on her romance with the rapper in April (17), after years of on-off dating. It was rumoured at the time that Tyga's infidelity was to blame for their split, but Kylie dismissed those claims during Sunday night's episode of her E! spin-off show Life of Kylie. "There was absolutely not one thing wrong with me and T (Tyga). He and I will always, always have a bond," she said. "There was no crazy fight, we just decided Well, I decided that I'm really young. I don't want to look back in five years from now and feel like he took something from me when he's really not that type of person." The episode also saw Kylie receiving roses from rapper Travis Scott, who she started dating shortly after her split from Tyga. "Did you guys see all my flowers?" she asked, to which a producer replied, "It looks like someone is obsessed with you." Kylie then smiled from ear-to-ear and said: "I hope the person I'm dating's obsessed with me." Kylie's discussion of the Tyga break-up comes after the Rack City hitmaker spoke about the split during an interview on The Breakfast Show last month. "I have love for her, but I'm not in love no more," he said, before addressing claims that he had "lost" Kylie as his lover.

Source: http://uk.pressfrom.com/news/money/-193461-mays-cabinet-is-split-three-ways-over-brexit-transition-plan/

—   Share news in the SOC. Networks

Topical videos:

This is interesting!