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Theresa May wants to leave single market, protect rights of EU nationals post-Brexit Theresa May wants to leave single market, protect rights of EU nationals post-Brexit
(35 minutes later)
Prime Minister Theresa May has confirmed the UK will leave the single market in a major speech on Tuesday. Prime Minister Theresa May has confirmed the UK will leave the EU single market during the Brexit process in a major speech on Tuesday.
Other priorities include removing Britain from the jurisdiction of EU courts and imposing controls on immigration.Other priorities include removing Britain from the jurisdiction of EU courts and imposing controls on immigration.
Single MarketSingle Market
In line with past pledges by the PM and Brexit minister David Davis, May announced the UK will fully withdraw from the single market. May said that the UK would definitely be leaving the single market, telling the audience: “This agreement should allow for the freest possible trade in goods and services between Britain and the EU's member states.
She said "this agreement should allow for the freest possible trade in goods and services between Britain and the EU's member states. It should give British companies the maximum freedom to trade with and operate within European markets, and let European businesses do the same in Britain." “It should give British companies the maximum freedom to trade with and operate within European markets, and let European businesses do the same in Britain.
It is extremely unlikely the EU would allow the UK to stay in the single market without allowing freedom of movement anyway. She said, citing the need for clarity, that her plans “cannot mean membership of the single market.”
There may still be scope for a future deal to be made which has some of the characteristics of the single market but carried forward under a different heading. Customs union 
Custom unions  The Prime Minister insisted she had no “preconceived position” on membership of the customs union which rules on trade but that she does “want us to have a customs agreement with the EU, whether that means we must reach a completely new customs agreement, become an associate member of the customs union in some way or remain a signatory to some elements of it.”
May did not rule out UK membership of the customs union – in effect part of the EU which controls tariffs on imports and exports.
However, she said the UK can create its own trade policy after Brexit.
Some in her Cabinet – like Liam Fox – favor full withdrawal, while Chancellor Philip Hammond is worried that leaving with make reaching the next set of trade deals ponderously slow.
CashCash
The UK gives £9 billion per year to the union. Some commentators suggest the contribution could be a strong card for Britain, as the EU would lament losing the money.The UK gives £9 billion per year to the union. Some commentators suggest the contribution could be a strong card for Britain, as the EU would lament losing the money.
While Davis appears keen to continue payments of some kind after Brexit, Foreign Secretary Boris Johnson is opposed. While Davis appears keen to continue payments of some kind after Brexit, Foreign Secretary Boris Johnson is opposed. 
The DivorceThe Divorce
Transition came up in the speech. May expressed her wish to adopt a transitional arrangement which would avoid an abrupt exit.Transition came up in the speech. May expressed her wish to adopt a transitional arrangement which would avoid an abrupt exit.
The Cabinet does not oppose transition arrangements, but there is disagreement on its extent and speed.The Cabinet does not oppose transition arrangements, but there is disagreement on its extent and speed.
ImmigrationImmigration
Views on immigration, including overtly toxic ones, framed the entire EU referendum debate. May offered reassurance to immigrants saying "you will still be welcome in this country as we hope our citizens will be in yours." Views on immigration, including overtly toxic ones, framed the entire EU referendum debate. May is not expected to go into depth as the government is yet to reach a firm position but May is herself a hawk on the issue.
EU law EU law 
May is determined to disentangle the UK from the European Courts of Justice (ECJ). However, a post-Brexit trade settlement would require an agreed forum for legal arbitration.May is determined to disentangle the UK from the European Courts of Justice (ECJ). However, a post-Brexit trade settlement would require an agreed forum for legal arbitration.
It is suggested that even if this forum is not the ECJ, it will function like the ECJ. That said, May pledged the UK will withdraw entirely from the ECJ. Her Cabinet is thought to support full withdrawal.It is suggested that even if this forum is not the ECJ, it will function like the ECJ. That said, May pledged the UK will withdraw entirely from the ECJ. Her Cabinet is thought to support full withdrawal.