Comment on Theresa May seeks to convince business of a 'global Britain'

Theresa May seeks to convince business of a 'global Britain'

Just two days after indicating that Britain would be leaving the European single market as well as the EU, May told an audience at the World Economic Forum at the Swiss ski resort of Davos that the Brexit vote was not a rejection of "our friends in Europe," or an attempt to cease cooperation. Conceding that Britain "must face up to a period of momentous change" and that the road ahead will be "uncertain at times," May said it was a vote to "take control and make decisions for ourselves" and to become "even more global and internationalist in action and spirit, too." Mark Rutte, the Dutch prime minister, said May had "faced up to reality" during her speech on Tuesday, which confirmed widespread speculation that May was looking for a so-called "hard Brexit" that sees the country outside the EU's single market. There are particular worries in the financial sector that Britain's exit from the EU and its single market will prompt banks to relocate jobs to cities like Paris, Frankfurt or Dublin. Simon Collins, U.K.

 

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