As pressure from European leaders mounts on incoming British Prime Minister Theresa May to accelerate the country’s timetable for Brexit, the president of the European Parliament struck a more conciliatory note, calling for talks to begin after the summer and “without rancor”.
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May is a member of the “remain” camp but has indicated that she will respect the will of the people expressed in the referendum vote. The leave campaign has indicated its preference for a system akin to the Tier 2 system within the UK’s current points-based scheme.
Here is what she has said about the department, some information on likely candidates to run it and frontrunners to take over from George Osborne as finance minister.
Theresa May speaks to reporters after being confirmed as the leader of the Conservative Party and Britain’s next Prime Minister outside the Houses of Parliament in Westminster, central London, July 11, 2016.
Grudgingly, Brussels recognises that Theresa May (who is said always to have come to ministerial meetings here well-briefed) is unlikely to bow to European Union pressure to start formal Brexit negotiations before holding extensive consultations.
May’s only rival Andrea Leadsom, a junior energy minister, has emphasised her credentials as a top Brexit campaigner and her supporters say only she can be trusted to enact Britain’s withdrawal.
“The famous sentence you attribute to the new British prime minister was sort of humorous”, said Schinas.
Most economists expect the Bank of England to look to stimulate the British economy at this week’s policy meeting.
Academics said they have been asked to leave EU-funded projects or pull out of leadership roles, the Guardian reported.
The Commission’s previous GDP growth forecast was 1.8% for this year and 1.9% for next year.
“The Brexit referendum has made clear that the UK is not a united nation-state, but a divided state of nations”, said Aidan O’Neill, who specialises in constitutional law and European Union law.
He outlined what he believes are “the key things we need to get right” – Britain’s relationship with Europe, its “underlying productivity challenges”, the need to grow exports faster and encourage more inward investment.
The fallout from the referendum demonstrates how the decision to leave the European Union was not really about economic benefits or about the perils of membership, or even about immigration, but rather about the very identity of Britain.
European Union leaders have refused to negotiate on trade and other ties after Brexit until Britain formally triggers Article 50 but May says she will not do this until next year at the earliest.
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Constitutional expert Aidan O’Neill QC, of Matrix Chambers, said: “The Brexit referendum has made clear that the UK is not a united nation state, but a divided state of nations”.
