UK PM May defends 'credible' Brexit plan

Theresa May┬┤s speech key words and phrases

"I don't see how we could reach an agreement on Brexit if the United Kingdom government continues to bury its head in the sand like this", he said.

Brussels could reject Theresa May's plan to ensure there is no hard border between Northern Ireland and the Republic post-Brexit, according to Ireland's deputy prime minister.

Sarah Wollaston meanwhile, who was among eight Tories backing an amendment requiring the United Kingdom to "participate after exit day in a customs union with the EU", said: "We're all going to have to accept that we won't get our way on everything".

She has declared during her Friday address that Britain is not likely to be in the exact market access in several areas following the exit from the EU.

The EU's main negotiator, Michel Barnier, welcomed the "clarity" May offered and her recognition that Britain faces "trade-offs".

"It would be my preference to see us remain in a customs union to actually maintain frictionless trade, and I think it is the best solution to the Northern Ireland issue". Big business echoed his words and even some Brexit campaigners praised the prime minister for her pragmatism.

May, 61, has long kept her cards close to her chest, trying to avoid provoking those in Britain who want a clean break with the European Union, or others who fear the world's sixth-largest economy will suffer if barriers are raised against a major trading partner.

Asked for her message to the financial services companies, Mrs May said: "What we're looking to develop is a relationship that means they can stay here in the United Kingdom as part of the City of London, that they will be continuing to provide their services across the European Union but they will know - given the sums of money involved, given the importance of financial stability, given the risk that actually the United Kingdom bears as a result of having the City here - that it's important that we do that on the basis of recognised regulatory standards, but we can't just accept rules made elsewhere without us having a say in them".

Britain's Prime Minister Theresa May delivers a speech about her vision for Brexit, at Mansion House in London, Britain, March 2, 2018.

The crucial intervention ahead of the next round of talks with Brussels, appeared to unite warring Remain and Leave factions of the Conservative Party.

The Instutite of Directors has welcomed Labour's Brexit policy, but has warned it is unlikely that the European Union would extend its free trade agreements to the United Kingdom after Brexit, because this would require a revision of European Union treaties.

But she sought to reassure companies that an alternative system would be set up.

"The City (financial centre) needs a deal in place before the end of a transition period".

In the BBC interview, May defended her government's push for a customs agreement with the EU, after she confirmed that a customs union was fully ruled out.

He said border checks would not inevitably result in a return to violence. They accuse Britain of wanting to cherry-pick benefits of European Union membership without any of the responsibilities. "We will not be buffeted by the demands to talk tough or threaten a walk-out", she said.

"What we do want to see are new customs arrangements, created to minimise any unnecessary costs or regulations at our borders so that trade can continue as frictionless as possible".

Related news:

Hot News

isis-killer-beheading-video-story-top Liverpool and Tottenham aim to put squeeze on Chelsea
Mar 05, 2018 - 00:16
This could be where Liverpool, and to some extent Spurs, might struggle as the Champions League games start to take their toll. YOU can watch this match live on Sky Sports Premier League and Main Event, with coverage starting at 3.30pm.

isis-killer-beheading-video-story-top Limerick athlete Ciara Neville competes at IAAF World Indoor Championships
Mar 05, 2018 - 00:13
Dibaba held her form in covering that last circuit in 30.44 but even faster were her two pursuers. "I've not seen the race back". Birmingham-based Robbie Grabarz, who shared the Olympic bronze medal in 2012 and took silver in Portland, is the local hope.

isis-killer-beheading-video-story-top North Korea has made progress in missile program during the Olympics
Mar 05, 2018 - 00:12
North Korea on Thursday denied it was cooperating with Syria on chemical weapons. It was unclear if Trump was joking or if formal U.S.

isis-killer-beheading-video-story-top Lamar Jackson: I'm 'strictly' a quarterback, haven't been asked to play receiver
Mar 05, 2018 - 00:08
Last season, Jackson threw for 3,660 yards with 27 touchdowns on top of 1,601 rushing yards and 18 touchdowns. Jackson hasn't hired an agent because he thinks the rookie wage scale is simple enough to negotiate.

isis-killer-beheading-video-story-top New diabetes classification could lead to better treatments
Mar 04, 2018 - 02:03
They believe that the study might help tailor and target treatment and lay the foundation for precision medicine in the future. The researchers are also planning to launch similar studies in China and India with people of different ethnic backgrounds.

isis-killer-beheading-video-story-top (Update) Teasing Blizzard tweet features Diablo and a 'switch'
Mar 04, 2018 - 02:02
Judging by the excitement the tweet raised on social media, the answer is.well, let's just quote one of Blizzard's fans. It may be that Diablo , Blizzard's action-RPG is making its way to the Nintendo Switch. "We have nothing to announce".

isis-killer-beheading-video-story-top Secret Service Responds After Man Shoots, Kills Himself Near White House
Mar 04, 2018 - 02:00
Pedestrian and vehicle traffic around the White House was blocked off by police, which is routine in such incidents. A man shockingly shot himself outside of the White House at the fence of the North Lawn on March 3 at around noon.

isis-killer-beheading-video-story-top NFL Scouting Combine: 5 biggest winners in 2018 so far
Mar 04, 2018 - 01:51
The on-field workouts include the all-important 40-yard dash, timing, positional skill drills and three-cone and shuttle drills. Brown was projected to get drafted in the first couple of rounds, but his bad week in Indy could prove very costly.

isis-killer-beheading-video-story-top Top US diplomat on Korean peninsula abruptly resigns
Mar 04, 2018 - 01:49
This can be seen to suggest that North Korea has been driven into a corner by trade restrictions as a result of the sanctions. Hill took a swipe at the administration for being slow to name key diplomats to handle the North Korea issue.

isis-killer-beheading-video-story-top Kaala teaser : Vintage Rajinikanth slays with his style
Mar 04, 2018 - 01:49
The movie will have a multi-star cast, including Nana Patekar , Huma Qureshi , Samuthirakani, Anjali Patil and Sayaji Shinde. Why and how? Watch this video on Asianet Newsable as we give you all the details about Rajinikanth as Kaala Karigalan.

isis-killer-beheading-video-story-top YouTube sued for limiting white, Asian male hires for diversity purposes
Mar 04, 2018 - 01:47
He also alleged that late past year , management deleted emails and other digital records of diversity requirements. Google has denied the company implemented discriminatory policies toward Caucasian and Asian men.

isis-killer-beheading-video-story-top Simultaneous Attacks Hit Burkina Faso, a Growing Target of Al Qaeda
Mar 04, 2018 - 01:46
French government sources said there had been no French casualties and described the situation as "under control". Among his objectives has been ending the use of French, the former colonizer's language, in regional schools.

isis-killer-beheading-video-story-top You can now stream UFC shows on Amazon
Mar 04, 2018 - 01:46
She had -1700 odds when she defended her women's bantamweight title against Bethe Correia at UFC 190 on August 1, 2015. In the main event, Cris Cyborg defends her UFC women's featherweight title against Yana Kunitskaya .

isis-killer-beheading-video-story-top Lesnar to exit WWE, will make UFC comeback
Mar 04, 2018 - 01:45
Werdum (23-7-1 MMA ) is perhaps one of the least likely fighters who could welcome Brock Lesnar back to the UFC on this list. There has been plenty of talk surrounding Lesnar as his current contract with World Wrestling Entertainment nears its end.

isis-killer-beheading-video-story-top Here's a Closer Look at Travis Scott and Kylie Jenner's Daughter Stormi
Mar 03, 2018 - 05:38
But her post-baby journey will continue to be different from those of other women - just as various pregnancies are. Older sister Kim Kardashian took to Instagram to share her younger sister's present with her followers.