Theresa May “Ambitious And Constructive” On Brexit Talks, Mocked By Corbyn In Parliament

In a statement to the UK Parliament today following last week’s EU summit, Prime Minister, Theresa May, stated that she was ‘ambitious and constructive’ about the progress of Brexit negotiations. May talked up (again) progress made on safeguarding citizens’ rights so that EU nationals can remain in the UK and vice-versa. She also reiterated that significant progress has been made on Northern Ireland and that it’s been agreed that there will be no fiscal infrastructure at the border.
She had little to say about the critical issue of financial settlement – merely that Britain will honour its commitments for the remainder of the EU budget plan (2021) as she outlined in her Florence speech. She said that progress is being made as both sides go through these commitments ‘line-by-line.’ May stated that the EU has agreed to make preparations to move on to the discussions about trade and the UK/EU future relationship and that this wouldn’t have been possible without the ‘momentum’ that resulted from the Florence speech.
However, with the financial settlement remaining a stumbling block to progress, May was vulnerable to a renewed attack, which was duly delivered by opposition leader, Jeremy Corbyn.

This post was published at Zero Hedge on Oct 23, 2017.