Prime Minister to trigger Article 50 on March 29

Pauline Gross
March 21, 2017

Reacting to the confirmation of the date, Karen Briggs, head of Brexit at KPMG said, "Although the UK's substantial financial contribution to the European Union and its status outside the Schengen Area offer the opportunity for a unique deal to be struck, businesses still need to plan for a "no deal" scenario".

"I hope for realism on the sequence of things, realism on the price that it is going to cost, realism on the complexity and thus the timespan that will be necessary, because those are the things that I have missed so far from the British side", he said. They include putting issues like continuing working together on issues like security at the core of what we are doing. May spokesman went on: "After we trigger the 27 will agree their guidelines for negotiations and the Commission will deliver their negotiating mandate".

Britain's ambassador to the EU, Tim Barrow, informed European Council President Donald Tusk on Monday about the date when the United Kingdom intends to invoke Article 50 of the EU Treaty, the mechanism for starting the Brexit process.

Brexit Secretary David Davis said in a statement that the country is "on the threshold of the most important negotiation" for a generation.

"I have also been clear that as we leave the European Union I will work to deliver a deal that works for the whole of the UK".

Mr Tusk has previously said he expects to release an initial response to the Article 50 notification within 48 hours, and an extraordinary summit of the remaining 27 European Union member states is due to be called within four to six weeks.

European Union leaders will then meet to discuss these, probably in April, and a final negotiating mandate will be agreed, probably by the end of May or early June.

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Hundreds of thousands of Europeans, mainly from eastern and southern member states, move to Britain each year and May is committed to radically reducing this.

Talks over trade will be especially delicate. As a result, United Kingdom officials have already approached the World Trade Organization to see what they can do in case they cannot reach a deal within the two-year deadline.

The UK will have "the choice to eat what's on the table or not come to the table at all", Mr Juncker told German newspaper Bild am Sonntag.

Scotland's First Minister Nicola Sturgeon wants her country to hold a referendum on Scottish independence immediately after Britain's exit from the EU.

The UK now pays about 12 per cent of the EU's budget, which means its withdrawal will impose bigger financial burdens on the likes of Germany and France.

The Institute for Government said in a report titled "Legislating Brexit" that the extra 15 measures would cover areas including immigration, agriculture and customs.

Other reports by GizPress

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