Brexit: British PM to signal clean break from European Union in speech

Brexit: British PM to signal clean break from European Union in speech

"What I am proposing can not mean membership of the single market", she said in a highly-anticipated speech at London's Lancaster House.

"What I am proposing can not mean membership of the Single Market", May said.

As anticipated, while shying away from the labels of "soft" and "hard" Brexit, May signaled that her government would indeed be pushing for a clean Brexit.

The EU would be likely to insist on freedom of movement for EU citizens in return for full access to the single market, while many of those who voted for Brexit did so precisely in order to be able to restrict immigration.

In a bid to alleviate fears that Brexit will mean a more insular Britain, May said she wants the country to be "stronger, fairer, more united and more outward-looking than ever before".

She said she was seeking "a new and equal" partnership "between an independent, self-governing, global Britain and our friends and allies in the European Union". And that is why we seek a new and equal partnership-between an independent, self-governing, Global Britain and our friends and allies in the E.U. Not partial membership of the European Union, associate membership of the European Union, or anything that leaves us half-in, half-out.

"We do not seek to adopt a model already enjoyed by other countries".

Mr Davis dismissed fears that a beneficial deal for Britain might encourage other countries to leave the European Union, suggesting that they were more wedded to European Union membership because they lacked Britain's deep, democratic roots.

May pointed out as well that the final agreement will be submitted to a vote by Parliament but refused to explain what would happen if Parliament rejects the agreed deal.

The poll, conducted by the New College of the Humanities, found that over 70 per cent of 18-34 year olds thought the Government should put all negotiating options on the table, before triggering Article 50 in March. Seven months after the referendum to leave the EU, Brexit "still has not been formalised", said Frank-Walter Steinmeier in a statement.

Vinay Sharma, senior trader at Ayondo Markets, said: "With the major talking points from Theresa May's speech already leaked over the past two days, the market reaction to her speech has been fairly predictable".

According to excerpts previewed in the British media, May will say on Tuesday that Britain wants to be "the best friend and neighbors to our European partners" but can not be "half-in, half-out" of the European integration project. Jeremy Corbyn, leader of the Labour Party, said May appeared to be trying to "turn Britain into a bargain basement tax haven on the shores of Europe".

While May offered Parliament the opportunity to approve the exit deal triggered by Article 50, the exit itself is non-negotiable.

The EU has made Switzerland's associated country membership of Horizon 2020 conditional on its continuing to accept free movement - with some suggesting this may set a precedent in negotiations with the UK. Many British companies say a shortage of skilled workers could grow more acute if they can't hire from elsewhere in the EU. There have been hints, though, that Britain will retaliate in a trade war with the European Union if the other members attempted to punish Britain.



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