Reuters Britain's Prime Minister Theresa May leaves Downing Street in London, Britain January 11, 2017. Investors will scrutinize May’s speech on Tuesday for clues on whether she plans to prioritize immigration controls and bilateral trade deals in a “hard Brexit” that would see Britain leave the EU’s single market and customs union. EU TRADE WARBritish finance minister Philip Hammond was quoted on Sunday as saying the country could change its economic model to regain competitiveness if it were to leave the EU without an agreement on access to the single market. An upcoming legal ruling might insist that May gets parliamentary approval for her plan to trigger Article 50 by the end of March. In an article in the Sunday Times, Brexit minister David Davis wrote that Britain would consider ways to extend or smooth the exit process to provide certainty for businesses.
Source: Huffington Post January 15, 2017 14:27 UTC