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This will not end well
Theresa May explains her plans for leaving the EU; she plans to leave the EU, the EEA and the customs union in order to finish her failed task of reducing immigration and excluding the UK from the European Court of Justice.
- The Prime Minister lays out her plans for the Brexit negotiations, no deal is better than a bad deal, out of the single market and customs union because we want to get out from underneath the European Court of Justice but Parliament will get the last word.
Theresa May confirms Brexit Britain out of the single market – 8 other things we learntThe Prime Minister dropped the Brexit bombshell that we're out of the single market, and more.- Here's the speech in full and in video,
- Or a text version if you prefer to read it,
Theresa May's Brexit speech in full: Prime Minister outlines her 12 objectives for negotiationsThis is the full text of Theresa May's speech setting out the plan for Brexit negotiations. “A little over six months ago, the British people voted for change. They voted to shape a brighter future for our country. They voted to leave the European Union and embrace the world.- The BBC covers it of course
Brexit: UK to leave single market, says Theresa MayTheresa May sets out UK hopes for Brexit talks, warning that "no deal is better than a bad deal".- Peter Domiczak at the Telegraph loves it
Brexit: Theresa May tells EU that 'no deal is better than a bad deal for Britain'Theresa May has warned the European Union that she is prepared to walk away from the negotiating table as she set out her blueprint for Brexit.- Chris Dillow thinks she's forgotten she's negotiating with others, who have a stronger hand
On Brexit solipsismImagine the following scenario. I give you and a stranger an envelope each, one of which contains twice as much money as the other. I then say you can swap envelopes if you give me £1. Do you do so?...- The Guardian reports it as a panel, for once Toynbee is spot-on, Harris is interesting as he often is although too often appears to be an apologist for UKIP, but as the old saying goes, man who sits on fence, gets splinters in the bum.
Our panel’s verdict on Theresa May’s Brexit speechOur writers discuss the prime minister’s long-awaited speech laying out plans for Britain’s departure from the European Union- The New Statesman spots the shadow of Angela Merkel at Lancaster Gate
Theresa May’s Brexit speech is Angela Merkel’s victory – here’s whyThe Germans coined the word “merkeln” to describe their Chancellor’s approach to negotiations.- Kalypso Nicolaidis presents three formulae for forecasting the negotiation process. The UK's Deal cannot be better than membership, any opt-ins will be on the basis of EU law and policy, not UK preference, and the EU must have a stake in the final agreements.
- Here's what the USD:GBP rate did last week, (Low is Good)
- From xe.com
- And George Soros, whom I do not intend to bet against makes his forecast
George Soros: Theresa May won't last and Trump is 'would-be dictator'Billionaire investor delivers bleak Brexit forecast at World Economic Forum and says Donald Trump is ‘gearing up for trade war’ but will fail
