Brexit transition set to end three months EARLY

Brexit transition set to end three months EARLY

Britain is set to break free of the EU three months earlier than expected as negotiators accepts Brussels demands transition ends on December 31, 2020. 

Theresa May set out in her Florence speech a transition that ran for ‘around two years – taking the transition until the spring of 2021. 

But the EU has warned this would mean entering the next seven-year budget cycle and demanded an earlier end to transition.

Downing Street sources insisted today that the ‘details of the implementation period are a matter for negotiation’. 

The latest apparent climbdown came as Chancellor Philip Hammond launched a charm offensive in five European capitals and Foreign Secretary Boris Johnson prepared the first of a series of major Government speeches on the ‘road to Brexit’. 

Theresa May (pictured in Belfast last night) set out in her Florence speech a transition that ran for ‘around two years – taking the transition until the spring of 2021 but it could now end in December 2020 

The latest apparent climbdown came as Chancellor Philip Hammond (pictured in Davos last month) launched a charm offensive in five European capitals

A Whitehall source directly involved with the UK’s exit planning told The Sun: ‘The EU timetable is the working assumption and no one seems too upset by that.’ 

WHEN WILL BRITAIN BE OUT OF THE EU?

Britain triggered Article 50 on March 29, 2017, starting a two year process for leaving the EU: 

March 2018: Transition deal due to be agreed, running for about two years 

October 2018: Political agreement on the future partnership due to be agreed

Early 2019: Major votes in Westminster and Brussels to ratify the deal 

March 29, 2019: Article 50 expires, Britain leaves the EU. Transition is expected to keep everything the same for about two years

Decembe

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