Business

May asks EU for longer Brexit delay

Prime Minister Theresa May has written to Donald Tusk requesting an extension to the Brexit deadline until 30 June.

She asked for an option for the UK to withdraw earlier if a deal is agreed, but admitted the delay means the UK may have to take part in the European parliament elections in late May.

Read more: Brexit: EU may offer 12-month 'flexible' Article 50 extension

The Prime Minister said the government is seeking to secure a deal that would allow the UK to leave the EU before the elections, but said it is making “responsible preparations” to take part if necessary.

“This impasse cannot be allowed to continue,” May wrote. “In the UK it is creating uncertainty and doing damage to faith in politics, while the European Union has a legitimate desire to move on to decisions about its own future.”

The deadline is currently set for 12 April, after which the UK would leave the EU without a deal if no agreement has been made.

The request comes amid reports European Council president Donald Tusk is preparing to offer the UK a 12-month “flexible” Brexit delay.

The plan, which will be put to EU leaders at a meeting next week, would allow the UK to withdraw earlier if a deal has been secured, the BBC reported, citing a senior EU source.

May will today resume talks with Labour leader Jeremy CorbynRead More – Source

[contf]
[contfnew]

CityAM

[contfnewc]
[contfnewc]

Related Articles

Business

Pressed by COVID-19 and low oil prices, Nigeria slips into recession

africanews– Nigeria, Africa’s biggest economy, entered recession for the second time in...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

Last week, US President Donald Trump signed an executive order aimed at...

Business

May asks EU for longer Brexit delay

Prime Minister Theresa May has written to Donald Tusk requesting an extension to the Brexit deadline until 30 June.

She asked for an option for the UK to withdraw earlier if a deal is agreed, but admitted the delay means the UK may have to take part in the European parliament elections in late May.

Read more: Brexit: EU may offer 12-month 'flexible' Article 50 extension

The Prime Minister said the government is seeking to secure a deal that would allow the UK to leave the EU before the elections, but said it is making “responsible preparations” to take part if necessary.

“This impasse cannot be allowed to continue,” May wrote. “In the UK it is creating uncertainty and doing damage to faith in politics, while the European Union has a legitimate desire to move on to decisions about its own future.”

The deadline is currently set for 12 April, after which the UK would leave the EU without a deal if no agreement has been made.

The request comes amid reports European Council president Donald Tusk is preparing to offer the UK a 12-month “flexible” Brexit delay.

The plan, which will be put to EU leaders at a meeting next week, would allow the UK to withdraw earlier if a deal has been secured, the BBC reported, citing a senior EU source.

May will today resume talks with Labour leader Jeremy CorbynRead More – Source

[contf]
[contfnew]

CityAM

[contfnewc]
[contfnewc]

Related Articles

Business

Pressed by COVID-19 and low oil prices, Nigeria slips into recession

africanews– Nigeria, Africa’s biggest economy, entered recession for the second time in...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

Last week, US President Donald Trump signed an executive order aimed at...