Brexit Uncertainty Rides High as May Draws up Timeframe
Business groups and foreign capitals pressed Prime Minister Theresa May for more detail after she said she’ll start pulling the U.K. out of the European Union in the first quarter of 2017, and hinted that she’s tending toward a so-called hard Brexit. The premier told her Conservative Party’s annual conference in Birmingham, central England, that she’ll invoke Article 50 of the EU’s Lisbon Treaty -- the formal trigger for two years of talks -- by the end of March. Financial Secretary to the Treasury Jane Ellison discusses with Bloomberg's Anna Edwards.
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U.K.'s May Calls for Two-Year Brexit Transition Period
55:20 - U.K. Prime Minister Theresa May speaks in Florence, Italy on the need for a period of implementation after the nation leaves the European Union. (Source: Bloomberg)