Skip to content
Saturday 15 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,750.11
-0.21%
DAX
26,440.31
+0.53%
CAC 40
8,636.80
-0.16%
STOXX 50
6,539.59
-0.09%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 20 December 2016 2:53 pm

Theresa May says Brexit talks will be done by March 2019, but there may be some transitional arrangements

By: Hayley Kirton

Add as a preferred source on Google

The Prime Minister has today been firm that she fully intends to polish off Brexit talks by March 2019, although there might be an implementation period that extends beyond the two year timetable. 

Speaking in front of the Liaison Committee, a parliamentary group formed of the chairs of the other committees, Theresa May made it clear it was her intention to stay within the two year timetable set out for the EU leaving process and stick to her March 2017 deadline for triggering Article 50. 

She added she felt the full two years might not even be needed to finish the negotiations and would "cover not just the process of withdrawal but also the future relationship".

"I fully expect us to be able to operate in the timetable set out in the treaty," May said and later added: "We are not seeking to extend the Article 50 procedure beyond two years." 

Earlier this month, Michel Barnier, who will front the Brexit talks for the European Commission, warned the UK it would have just 18 months from serving its Article 50 notice to complete a deal. 

May today said she agreed the deal could be wrapped up in as little as 18 months, adding she intended to carry out Brexit "as smoothly and as orderly" as possible, "so people can move on to the new relationship that they will have with the UK".

However, the Prime Minister also noted she would not be adverse to a transition period to avoid a so-called "cliff edge" situation and to give people a chance for "adjustment to these new arrangements". 

"There may be the there are some practical aspects that require some implementation," she added. 

But when quizzed on government contingency planning and what it would do should Brexit not go as smoothly as hoped, May gave a wide-range answer that her team was looking at "all the scenarios" and hit back: "You are asking me to accept that we are going to fail, which I won't accept." 

Around a fortnight ago, MPs overwhelming backed a motion to trigger Article 50 by the end of next March, with the added caveat that government shared its Brexit plans with parliament. 

Although May reassured the MPs that parliament should have "no concerns about its ability to have an opportunity to comment on all of the matters", she revealed she did not yet have a date for when such plans would be available for review. 

"I have been clear that I will not be giving a running commentary," she added. 

She also declined to give a yes or no answer on whether she wanted MPs to be granted a vote on the final Brexit deal. 

However, the Prime Minister noted she would be giving a speech early on in the new year to discuss government's approach to Brexit.

The referendum was held six months ago on Friday. 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Trending Articles

  • Revolut takes flight with launch of new airport lounges

  • Grandparents fund university degrees to avoid inheritance tax net

  • Revolut chatbot goes rogue by charging users to cancel subscription

  • Brompton Bicycle sues former adviser for ‘professional negligence’

  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

More from Morning Wire

  • Oil price falls but Trump and Iran clash on negotiations claim

    Markets
    Donald Trump smiling in a blue suit and tie with an American flag pin, US flag in background
  • The Yahoo Boys: The men behind online romance scams

    Life&Style
    Group of young men using laptops and smartphones in a dimly lit room, representing online scam activities in Nigeria
  • Former Lloyd’s chief John Neal breached rules with undisclosed relationship

    Insurance
    John Neal (Credit: Lloyd's of London)
  • Making it in the UAE – Donna Benton

    Partner
    Donna presenting at The Entertainer event, showcasing new products, surrounded by an engaged audience in a lively atmosphere.
  • Get ready for new energy minister Miatta Fahnbulleh’s war on London’s drivers

    Opinion
    Miatta Fahnbulleh, director of New Economics Foundation, smiling and holding red documents, wearing a black blazer.
  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

    Sport Business
    John W. Henry and Linda Pizzuti Henry with the Premier League trophy at a stadium.
  • Thames Water creditors open door to public control under Burnham

    Politics
    Thames Water infrastructure with pipes and valves, highlighting water management in urban areas amidst ongoing utility dis...
  • City sizes up mystery Mahmood

    Politics
    Shabana Mahmood, potential Chancellor, in a professional setting, poised and confident, reflecting leadership qualities
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook