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| Florence speech: Theresa May calls for post-Brexit single market access | Florence speech: Theresa May calls for post-Brexit single market access |
| (35 minutes later) | |
| Theresa May has proposed remaining in the single market for a transition period of around two years after Brexit. | 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 for an 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 from the EU 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." | |
| She moved to reassure Brexiteers that there would be a "clear double lock" during the transition period to ensure it "will not go on for ever". | |
| Keeping the existing relationship with the EU would mean the UK has to accept continuing freedom of movement rules until up to 2021, which give ministers time to bring in a new immigration system, she said. | |
| In a 35-minute speech, the Prime Minister also ruled out pursuing a Canada or Norway-style trade deal, saying: "We can do so much better than that." | |
| More follows... |