May hints at transitional exit

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At today’s annual Confederation of British industry conference in London, British Prime Minister Theresa May gave her strongest hint yet that there is some room for negotiation as to the terms of Britain’s exit from the European union bloc.

Her appearance at the conference had been hoped as way for the Prime Minister to clearly map out Britain’s planned exit from the European union, following the referendum. In recent days the leader has spoken of investment in infrastructure, and dropping proposals to put workers on the boards of businesses, and tackling excessive pay for executives. But the Prime Minister kept her cards close to her chest only revealing that she wants the best arrangement for Britain and it’s businesses. This will allay some fears, but possibly not all.

The terms used such as “cliff edge” are a strong hint that the Prime Minister is looking for perhaps a softer exit from the trading bloc than first thought. After early discussions had seemed that a so called “hard Brexit” was on the cards. But this has caused deep divisions in parliament, and within her own party, this has only intensified since the failed legal challenge put forward by the government to avoid having to put the exit proposals to a vote in the house of commons. The governments first discussions were that there would be an appeal against the result, but more recently talk of an appeal has all but disappeared, with many coming to the conclusion that it may be more pertinent to gather more of a consensus in order to ease any future act on the matter through parliament and the house of lords.

The pressure was on Mrs May after the president of the CBI had stated that business required a level of certainty on the future of Britain’s future relationship with the EU. Including single market access and the right to bring in “European talent”.

David Davis the “Brexit” minister had previously stated in parliament that London’s financial district would be “absolutely central” to any negotiations on the terms of the exit.

But many pro-Brexit campaigners insist that any type of transitional deal will only create more uncertainty and leave Britain in a state of flux. As the date gets nearer, the EU will likely begin to push the Prime Minister to start to plot out details, that thus far she’s kept hidden from all but her most trusted aides.

About Joseph Thornton:
Joseph is a 34 year old freelance writer from London. He has a wide interest in politics and specialises in the subject. He's also a blog writer in his spare time.