Post Profile

Wall Street banks want Theresa May to delay Brexit for as long as possible

Wall Street chiefs and US business leaders are reportedly asking Britain's prime minister Theresa May for a "long runway" to prepare for Brexit. In other words, they want her to delay triggering Article 50, and therefore a Brexit, for as long as possible. The Financial Times reports that at a meeting in New York earlier this week banks asked for a "long lead time" of up to two years to prepare for Brexit and a period of transition for them to adjust to the new world.
read more

See more about: Theresa May

Related Posts

BREXIT BETTING: Bookmakers are more sure than ever that Article 50 will never be triggered

Politics : Business Insider: Politix

Bookmakers are more sure than ever that Article 50 — the two-year notice period the UK must give to the EU before leaving — will never be triggered, despite Prime Minister Theresa May's continued insistence that "Brexit means Brexit...

British PM to trigger Brexit without vote by lawmakers: Telegraph

News : Reuters: World News

EDINBURGH (Reuters) - British Prime Minister Theresa May will not hold a parliamentary vote on Brexit before formally triggering Britain's withdrawal from the European Union, The Daily Telegraph reported on Saturday, without specify...

Theresa May is asking Wall Street for advice on Brexit

Business & Finance : Business Insider: Clusterstock

The Prime Minister met with US banking executives in New York to ask their opinion on how Brexit should be structured, according to the Financial Times. The FT reports that Theresa May was due to meet "mostly" finance CEO during a v...

Britain is nowhere near ready to trigger Article 50

Politics : Business Insider: Politix

It has been nearly two months since Britain voted to leave the European Union but the government isn't even close to being prepared to begin negotiating a Brexit. Theresa May, who succeeded David Cameron as prime minister following ...

Britain's prime minister secretly told the EU when she'll trigger Article 50 for a Brexit

Business & Finance : Business Insider: Clusterstock

European Council president Donald Tusk revealed that Britain's prime minister Theresa May told him the date of when she is likely to trigger Article 50 and therefore start the two-year negotiation process on how the UK will exit the...


Copyright © 2016 Regator, LLC