British PM to begin formal European Union exit process March 29

Nick Mcbride
March 21, 2017

We expect it will be a two-year process and we are confident that is what we will achieve.

In order to do this the British government would have to invoke Article 50 of the EU's Lisbon Treaty.

Cherry said, "Smaller businesses want to make sure that easy access to the European Union single market and the right talent feature prominently in the forthcoming negotiations". Britain has said it will impose limits on immigration, and so will have to leave the EU's single market and customs union.

Theresa May is carrying out talks in the devolved nations ahead of her promise to trigger Article 50 by the end of the month.

Parliament could be tasked with scrutinising up to 15 new bills to deliver Brexit, leaving little time for other unrelated legislation, the Institute for Government has warned.

"Part of that is building a strong economy and ensuring that the benefits of economic growth and prosperity are felt across every part of the United Kingdom".

A spokesman for May confirmed that she will formally start the Brexit process on March 29 by triggering Article 50. However, 54 percent of the firms have said that they do not plan to make any changes in their investments after Brexit and only 32 percent of them said that might reduce their investments.

The European Council's president said on Twitter he will present draft Brexit guidelines to the other 27 EU member states within 48 hours.

The guidelines - a short and broad political document that will outline the principles of the negotiation mandate for the European Union side - are already being prepared by Tusk's office. Under this scenario, talks are likely to begin in earnest in May. "There is a timetable that everyone has bought into it".

The Prime Minister will give a statement to MPs in the House of Commons next week, after formally pulling the Brexit trigger.

"I have set out my objectives".

A spokesman for the European Commission said: "Everything is ready on this side". However, the European Council wants to sort out Britain's "divorce bill" from the bloc before any future relationship is agreed.

The Prime Minister was in Wales today on a pre-Brexit tour of the United Kingdom created to show she is listening to the views of every region.

Theresa May first came to Wales in the baking hot sun in Cardiff Bay last summer, a short time after she became Prime Minister. The UK won't be privy to internal European Union discussions pertaining to our withdrawal, though.

Later this week EU leaders will gather in Rome to mark the 60th anniversary of the treaties with established the European Economic Community - but Mrs May won't be attending. Mrs May is not attending the event.

Other reports by VgToday

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