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Theresa May’s Brexit speech Between expectations and uncertainty
This week British Prime Minister (PM) Theresa May delivered a long-awaited speech on the United Kingdom’s intention to leave the European Union (EU). The PM highlighted two broad themes in her speech; sovereignty and national unity. According to May, Brexit means recovering sovereignty, in particular over immigration, a topic which was most intensely debated during the campaign. She emphasised that Brexit will enable the United Kingdom to restore the full sovereignty of the British Parliament, to reduce the number of immigrants entering the UK, and to re-establish the full independence of British courts and judges. In order to achieve those goals, she underlined that the UK must leave the single EU market, and therefore pursue a “hard Brexit”.
Striking free trade deals may prove risky
By leaving the single market, which allows free and borderless exchange of goods, labour and people within the EU, the UK could negotiate trade