Theresa May reverses stances on EU migrants post-Brexit - The Times

Joshua Gibson FXStreet

Prime Minister Theresa May recently signaled a reversal on a key Brexit policy regarding the future of EU migrants within the UK during the Brexit transition period, as reported by The Times in London.

Key highlights:

EU citizens in Britain during the Brexit transition period will be allowed to stay permanently under the current negotiating plan.
Three weeks ago May announced that EU residents staying in Britain after March of next year wouldn't have same rights as those who came earlier.
Policy reversal comes after Brussels warned that not letting EU citizens stay following transition breaches free-movement rules.
Hard-line Brexiteers are expected to be furious with the move, seeing it as another blow to the UK's sovereignty.
The overall position of Britain to be made clear following Prime Minister's speech next week.
EU heads in Brussels have already rejected May's 'three baskets' approach to post-Brexit economic regulations.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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