Britain to begin EU-divorce within 6 months

UK Prime Minister, Theresa May told the Conservative Party Conference that Article 50 of the Lisbon Treaty would be invoked – formally ending their treaty with the EU – by the end of March 2017. May emphasized in her speech that neither the House of Commons nor the House of Lords will get to vote on the triggering of Article 50. A coming court case will argue that lawmakers should have a vote. May cited Australia, New Zealand, China, India, Mexico, Singapore and South Korea as countries she’d like trade deals with. The coming relationship, she said, won’t be “anything like the one we have had for the last 40 years or more.” She specifically ruled out the Norwegian or Swiss models. “We are not leaving the European Union only to give up control of immigration again.” Source: Bloomberg (VIEW LINK)


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