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Theresa May Florence speech live updates: PM pleas to stay in the Single Market for two years after Brexit | |
(about 1 hour later) | |
Theresa May has proposed remaining in the single market for a transition period of around two years after Brexit. | |
In a landmark Brexit speech in Florence, the Prime Minister said existing market arrangements should continue to apply during a two-year implementation period after Britain leaves the bloc in March 2019. | |
She indicated freedom of movement would also continue during the transition but workers coming into the UK would go through a "registration system". | |
Ms May said: "Clearly people, businesses and public services should only have to plan for one set of changes in the relationship between the UK and the EU. | |
"So during the implementation period access to one another’s markets should continue on current terms and Britain also should continue to take part in existing security measures. And I know businesses, in particular, would welcome the certainty this would provide. | |
"The framework for this strictly time-limited period, which can be agreed under Article 50, would be the existing structure of EU rules and regulations." | |
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