UK Prime Minister Theresa May has been given 10 days to offer further concessions on issues including the Brexit divorce bill and the complex matter of the Northern Irish border if she wants European Union leaders to agree to trade talks.
Despite UK prime minister Theresa May reportedly doubling her Brexit ‘divorce bill’ offer, European Union (EU) diplomats have already indicated they are still not satisfied and could demand more cash for talks to progress.
Britain’s hopes of an advantageous free trade agreement with the EU could be dashed if it attempts to use Brexit as an opportunity to abandon the “European model” and transform itself into a low-tax, low-regulation economy, Brussels’ chief negotiator has warned.
Manfred Weber, a leading lawmaker in the European Parliament and head of the European People Party, said on Wednesday he was more confident about Britain and the European Union ironing out difficulties in the Brexit talks.
British Prime Minister Theresa May will meet the European Parliament’s leadership on November 24, according to senior Parliament officials in Strasbourg. They said May will address the Conference of Presidents, the president of Parliament and the chairs of the political groups, not all MEPs.
The British parliament started hours of debate on Tuesday by arguing over when the two-year negotiating period for Brexit should end and whether there should be a fixed time at all.
The Brexit deal covering “withdrawal” issues will only hold if it is approved by MPs and peers in a new piece of legislation to put it into British law, David Davis has said. The Brexit Secretary announced a Withdrawal Agreement and Implementation Bill, which MPs will be able to amend, to cover areas such as citizens’ rights, the so-called divorce bill and a transition period.
European business leaders will meet UK Prime Minister Theresa May later on Monday to voice concerns about the future of UK-EU trade. Experts from groups including the CBI and Business-Europe will stress the need for a transitional deal that preserves the status quo after Brexit.
The date of Brexit will be written into law as Theresa May warned Tory rebels that the process of leaving the European Union will not be derailed. Amendments to legislation going through Parliament will spell out that the UK’s membership of the EU will end at 11pm GMT, midnight in Brussels, on 29 March 2019.
The UK has two weeks to clarify key issues or make concessions if progress is to be made in Brexit talks, the bloc's chief negotiator has said. Michel Barnier was speaking after meeting the Brexit secretary for talks on citizens' rights, the Irish border, and the UK's divorce bill.