On 17 January, the Prime Minister gave her long-awaited speech on the UK’s strategy for Brexit. It is fair to say that her comments received a mixed reception, both in the UK and the EU. The main point is that “soft” Brexit and continued UK membership of the single market are now definitely off the agenda. Businesses must now make their future plans against the backdrop of a “hard” Brexit.
The attached briefing sets out a summary of the points made by the Prime Minister and some of the issues that may have led the Government to adopt the “hard” Brexit route.