UK Cabinet angered by Theresa May's Brexit strategy paper - The Telegraph

Joshua Gibson FXStreet

As reported by The Telegraph, Theressa May's official strategy document found no friends in the UK Parliament; May's negotiation outline was made available to the Cabinet less than 24 hours before it was sent off to the European Union, leaving UK Ministers furious with the Prime Minister.

Key highlights:

May's negotiation note published Wednesday, with little input from UK Ministers.
no mention of May's pledge to end free movement post-Brexit.
May's outline leaves little room for Britain to negotiate trade deals according to Euro-sceptics.
Document results in Brexit 'in name only' and 'a perversion of democracy' - Jacob Rees-Mogg.
Note likely to increase tensions at Thursday's Brexit Cabinet Meeting.
Final Brexit date to be decided at European Council next month.
May expected to set date for December 31st, 2020.

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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