EU-UK Brexit talks will need more clarity from London
Keyword(s):
One Year
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Significance The speech is being flagged as a major statement of government policy. It comes at a crucial time in the Brexit negotiations, with one month to go before an important European Council summit in October which comes one year before the scheduled end of the negotiations as a whole. Impacts Talks on the EU-UK longer-term relationship may be pushed back until after a European Council summit in December. Despite the time constraints, it appears unlikely that the two-year negotiating period will be extended. The EU will want any transitional period to look like the status quo or the EU-UK longer-term relationship to minimise disruption. May could face a leadership challenge after the Conservative Party conference in October.