May Gathers Ministers to Hear Views on Brexit

Prime Minister Theresa May told her top ministers on Wednesday they must deliver Brexit, and not entertain any idea of staying in the EU by the “back door”.

After a summer of political earthquakes followed by a few weeks of holiday calm, May gathered her cabinet team for the first time since she asked them to use the break to come up with options for Britain’s future ties with the bloc after a divorce.

For many in the EU, it is not before time. They have given May breathing space to devise a negotiating stance before triggering the exit procedure, but are keen for Britain to begin the talks and end uncertainty that has hurt investment.

Reuters

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam