May Plans Closer UK as Sturgeon Demands Referendum

Prime Minister Theresa May pledged to forge a closer union within the U.K. in a rebuke to Scottish National Party leader Nicola Sturgeon, who started the week calling for a new independence referendum for Scotland.

May unveiled on Friday a “plan for Britain” covering every region in the country in a speech to her party at the Conservative Spring Conference in the Welsh capital, Cardiff. May was applauded as she repeated she would give notice to the European Union in the next two weeks that the U.K. is leaving it for good.

Brexit “means forging a more united nation, as we put the values of fairness, responsibility and citizenship at the heart of everything we do, and we strengthen the bonds of our precious union too,” she told Tory activists.

Bloomberg

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.