UK's Hammond says economy should be priority in Brexit talks

Randolph Lopez
June 17, 2017

If May now sends a team to Brussels - ideally on schedule on Monday - that shows willing on the EU's priority "Phase One" issues, then trade talks could get under way by the turn of the year - a step-by-step timetable Barnier says must be followed to limit the risk of a disruptive "no deal".

European Union leaders, who will meet May at a summit next Thursday, have been irritated by her repeated threats to walk out with "no deal" - even if most see that as a campaigning bluff given the chaos it would cause.

After the general election fiasco, May hopes to secure the backing of the ultra-conservative Democratic Unionist Party, which would add the DUP's 10 seats to the Conservatives' 317 in the 650-member House of Commons. Two former Conservative prime ministers have also urged May to soften her approach. "But we have to be honest, it will take much more than that for us to be convinced that the DUP tail is not wagging the Tory dog", he told reporters.

On Brexit, Ms Foster said her party wanted to see "a sensible Brexit and one that works for everybody". Leadsom confirmed the delay of the Queen's speech, will launches the next session of parliament.

The talks also gave her the opportunity to try to reassure the other parties that a tie-up with the DUP would not compromise Britain's impartiality in the delicate Northern Ireland peace process. "You folks here make enough mess of your own elections, make enough mess of your own governments, make enough mess of your own affairs".

The EU will keep the door open for Britain to return, but only on worse terms than it now has, European Parliament Brexit negotiator Guy Verhofstadt said Wednesday (14 June).

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They increased their projections for economic growth this year to 2.2 percent from the 2.1 percent they forecast in March . The Fed said this process is expected to begin later this year as long as the economy "evolves broadly as anticipated".

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May hinted on Friday that she would form a government, even without a majority, because Britain needed "a period of stability ". In April, British Prime Minister Theresa May chose to call a snap election, even though she had promised not to.

"We will negotiate in good faith but it is a negotiation, we recognize there will be an exchange of views and we will take that forward in a spirit of genuine cooperation".

"We know each other and we understand each other", she said.

May's government has said its Brexit plans remain the same, and her Brexit minister David Davis will be pressing for close economic ties but a clear break with the bloc to be able to control immigration and restore sovereignty over British laws.

May needs the support of the DUP to govern, after a disastrous election result in which she lost her parliamentary majority.

European Commission deputy chief Frans Timmermans said Thursday (15 June) that he would welcome Britain back into the EU "with open arms" if it reconsidered its decision to quit the bloc.

With only three days to go before Brexit negotiations kick off, the United Kingdom has refused to clarify what sort of relationship it will seek with the European Union.

Other reports by GlobalViralNews

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