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UK PM May's spokesman: PM to set out details of new Brexit deal in a speech this afternoon at 15 GMT

British Prime Minister Theresa May's spokesman recently announced that the PM will be setting out the details of the new Brexit offer in a speech today at 1500 GMT.

Key quotes (via Reuters)

  • Cabinet discussed new deal on Brexit to be presented in parliament.
  • New deal includes alternative arrangements, workers rights, environmental protections and assurances on integrity of UK in event of backstop.
  • PM told ministers the WAB is the vehicle to get UK out of the EU and it is vital to find way to get it over the line.
  • Cabinet meeting was characterised by shared determination to pass the WAB.
  • There has been discussion about parliament having a role in determining future relationship with EU.
  • We haven’t set out a timetable for indicative votes so far.
  • Asked about whether a second referendum was raised in cabinet, says they discussed a whole range of issues.
  • No deal remains a plausible outcome and work is ongoing.
  • To get a new deal through parliament it is clear that it will have to contain significant new aspects.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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