May to call for national unity before EU exit
Print Edition
PRIME Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a “hard” exit from the European Union.
Investors will scrutinize May’s speech tomorrow for clues on whether she plans to prioritize immigration controls and bilateral trade deals in a “hard Brexit” that would see Britain leave the EU’s single market and customs union.
May intends to launch by the end of March the formal process of negotiating the terms of Britain’s exit from the EU, but has so far given very little away about what deal she will be seeking, frustrating some investors, businesses and lawmakers.
May’s speech will stress the need for Britons, who voted for Brexit by 52 to 48 percent in last June’s referendum, to unite around common goals such as protecting and enhancing workers’ rights, her Downing Street office said in a statement.
“Now we need to put an end to the division and the language associated with it — ‘Leaver’ and ‘Remainer’ and all the accompanying insults — and unite to make a success of Brexit and build a truly global Britain,” May is expected to say.
The speech extracts did not say whether she would reveal her stance on the single market or immigration, but the Sunday Times quoted an unnamed source in May’s office as saying her words were likely to cause a market correction.
After May said last week that post-Brexit Britain would not be able to keep “bits” of its EU membership, the pound fell sharply as the comment was interpreted as signaling a clean break from the EU’s single market — the biggest destination for British exports.
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