Thursday, November 24, 2016
PM warned transition Brexit deal 'fiendishly difficult' to achieve
Theresa May has been warned that seeking a transitional Brexit deal with the EU would be “fiendishly difficult”, after she hinted the UK could seek an interim arrangement to smooth the process for businesses.
The prime minister told business leaders that she understood concerns about a “cliff edge” for companies when Britain’s two-year negotiating period for leaving the bloc comes to an end.
“Obviously, as we look at the negotiation we want to get the arrangement that is going to work best for the UK and the arrangement that is going to work best for business in the UK. And I’m conscious that there will be issues that will need to be looked at,” she told delegates at the CBI event on Monday. “People don’t want a cliff edge, they want to know with some certainty how things are going to go forward''