Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

UK PM May to make Brexit speech in Italy on Sept. 22: spokesman

Published 09/13/2017, 05:35 PM
Updated 09/13/2017, 05:40 PM
© Reuters. Britain's Prime Minister Theresa May leaves 10 Downing Street to attend Prime Minister's Questions, in London

LONDON (Reuters) - Prime Minister Theresa May will make a speech on Britain's future relationship with the European Union on Sept. 22 in the Italian city of Florence, her spokesman said on Wednesday.

The speech will focus on what kind of ties Britain wants to have with the EU after it leaves the bloc in March 2019 - something British negotiators have been keen to discuss with a so-far reluctant Brussels.

"The prime minister wanted to give a speech on the UK's future relationship with Europe in its historical heart," May's spokesman told reporters.

"She will underline the government's wish for a deep and special partnership with the European Union once the UK leaves the EU."

Negotiations on the terms of the divorce with the EU have made limited progress since May started a two-year countdown to Brexit. That has prompted warnings from the EU that discussions on the future relationship between the two could be pushed back from their intended start time of October.

The September round of Brexit talks has been pushed back by a week until the end of the month, in what EU diplomats said was a move designed to allow May to make her speech. Britain said the rescheduling was to allow both sides more time to make progress.

May's speech could add weight to the British push to move talks forward, which ministers say is a crucial step in providing certainty for businesses worried about how Brexit will affect their ability to trade across borders.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Her choice of venue - a city celebrated as the birthplace of the Renaissance period and made wealthy by international trade and banking - is a nod to the kind of free-trading relationship Britain wants to maintain with Europe and develop globally.

Sceptics have said the British approach amounts to cherry picking the benefits of EU membership without paying for them.

"The UK has had deep cultural and economic ties spanning centuries with Florence - a city known for its historical trading power," the spokesman said.

"As the UK leaves the EU we will retain those close ties. As the prime minister has said many times, we are leaving the EU, not Europe."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.