In a long-awaited speech, Prime Minister Theresa May finally revealed Britain’s hand as it prepares to start EU exit talks. “We want to buy your goods and services, sell you ours, trade with you as freely as possible, and work with one another to make sure we are all safer, more secure and more prosperous through continued friendship,” May said in a speech to diplomats and dignitaries beneath the gilded paintwork and chandeliers of a Georgian London mansion. Pro-Brexit British politicians praised the speech, and the pound rallied from recent lows as May provided more details of the path ahead for the split with the EU — and vowed that Britain would remain “a great global trading nation” open to business and talent from around the world. Others called May’s vision wildly ambitious, like a divorcing couple who hope to remain best friends, share the kids and keep each other’s front door keys. This is rather like a divorce rather than ‘friends.’ [...] the question is, divorces can be handled very well or very, very badly, said Tony Travers, director of British government studies at the London School of Economics In her 40-minute address, May said Britain would leave the EU single market of some 500 million people, but “seek the greatest possible access to it through a new, comprehensive, bold and ambitious free-trade agreement.”

 

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