British PM Theresa May discusses Brexit

Channel: Fox Business
Published: 11 hours ago

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British Prime Minister Theresa May gives a speech on Brexit. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in...



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Emlyn senior partner of the uk middle east firms, i'm delighted to welcome this afternoon, prime minister / ministers and represent to the media to our offices here in bank my place. I know you don't want to hear from me just a few quick words on pwc. We employ 22,000 people in the uk and over the last year, we've recruited two and a half thousand school leavers apprentices and graduates to our bu ...
ldings, 25 offices across the uk. It'S a special week for us, because this week we open a new office in bradford to provide high quality jobs to the community there, like all business leaders, we crave certainty and stability and therefore i'm delighted to askprime minister to the platform now speak about brexit. Thank you very much. Thank you very much. Can i became prime minister almost three years ago immediately after the british people voted to be the european union, my aim was and is, to deliver brexit and help our country move beyond the division of the referendum and into a better future. A country that works for everyone, where everyone has the chance to get on in life and to go as far as their own talent and hard work can take them. That is a goal that i believe can still unite. Our country i knew delivering. Brexit was not going to be simple or straightforward: the result of 2016was decisive, but it was close. The challenge of taking brexit from the simplicity of the choice on the ballot paper to the complexity of resetting the country's relationship with 27 of its nearest neighbors was always going to be huge, while it has proved even harder than i anticipated.

I continue to believe that the best way to make a successor brexit is to negotiate a good exit deal with the eu as the basis of a new, deep and special partnership for the future. That was my pitch to be leader of the conservative party and prime minister. That is what i set out in my lancaster house speech, and that was what my party's election manifesto saidin 2017. That is in essence, what the labour party's election manifesto state is to, and over 80 % of the electorate backed parties which stood to deliver brexit by leaving with a deal. We'Ve worked hard to deliver that, but we have not yet managed it. I'Ve tried everything i possibly can to find a ways. It'S true that initially i wanted to achieve this predominantly on the back of conservative and dup votes in our parliamentary system. That is simply how you normally get things done. I thought the changes mps demanded. I offered to give up the job i loved earlier than i would like, and on the 29th of march the day we were meant to leavethe eu. If just 30 mps had voted differently, we would have passed the withdrawal agreement and we would be leaving the eu, but it was not enough. So i took the difficult decision to try to reach a cross-party deal and brexit many mps on both sides were unsettled by this, but i believe it was the right thing to do.

We engaged in six weeks of serious talks with the opposition offering to compromise, but in the end those talks were not enough for labour to reach an agreement with us, but i do not think that means we should give up. The house of commons voted to trigger article 50 and the majority of mps say theywant to deliver the result of the referendum, so i think we need to help them find a way, and i believe there is now one last chance to do that. I'Ve listened to concerns from across the political spectrum. I'Ve done all i can to address them and today i'm making a serious offer to mps across parliament a new brexit deal as part of that deal. I will continue to make the case for the conservative party to be united behind a policy that can deliver for exit. Nine out of ten and conservative mps have already given the withdrawal agreement their backing, and i want to reach out to every single one of my colleagues to makethe very best offer i can to them. We came together around an amendment mr. graham brady, and this gave rise to the work on alternative arrangements to the backstop. Although it's not possible for those to replace the backstop of the withdrawal agreement, we can start the work now to ensure they are a viable alternative. So, as part of the new rex deal, we will place the government under a legal obligation to seek to conclude alternative arrangements by december 2020 so that we can avoid any need for the backstop coming into force. I'Ve also listened to unionist concerns about the backstop, so the new brexit deal goes further to address these. It will commit that shouldthe backstop come into force.

The government will ensure that great britain will stay aligned with northern ireland. We will prohibit the proposal that a future government could have split northern ireland off from the uk's customs territory and we will deliver on commitments to volvo and in the december 2017 joint report in fall. We will implement paragraph 50 of the joint report in law. The northern ireland assembly and executive will have to give their consent on a cross community basis, the new regulations which are padded to the backstop, and we will work with our competences of my partners on how these commitments should be entrenched in law. This new rec safety will contain significant further changesto, protect the economic and constitutional integrity of the united kingdom and deliver brexit. It is a bespoke solution that answers the unique concerns of all parts of community in northern ireland, but the reality is that, after three attempts to secure parliamentary agreement, we will not leave the european union unless we have a deal that will come on across wider cross-party Support - and that is why i sat down with the opposition - i'd be as serious about listening to views across the house throughout this process. That'S why i went to labor and the easily some andy and gareth snell put forward their proposals to give parliament the bigger say in the next phase of negotiations. I listento them so the new brexit deal will set out in law that the house of commons will approve the uk's objectives for the negotiations on our future relationship for the eu and they will approve the treaties governing that relationship before the government signs them. And while the talks with the opposition did not reach a comprehensive agreement, we did make significant progress in a number of areas like on workers rights. I'M absolutely committed to the uk continuing to leave the way on this issue, but i understand people want to get on t's and i'm happy to give them. So the new brexit deal will offer new safeguards to ensure these standards are always met. We willintroduce a new workers rights bill to ensure uk workers enjoy rights that are every bit as good as or better than those provided for by eu rules, and we will discuss further amendments for trade unions and businesses.

The new brexit deal will also guarantee there will be no change in the level of environmental protection when these eu and we will establish a new independent office of environmental protection to uphold the highest environmental standards and enforcement clients. The new rexach deal will also place the legal duty on the government to seek, as close to frictionless trade with the eu in goods as possible, subject to being outside the single market and ending freedom of movement inorder. To deliver this, the uk will maintain common rules with the eu for goods and agri-food products that are relevant checks at border. This will be particularly important for our manufacturing firms and trade unions, protecting thousands of jobs that depend on just-in-time supply chains. The most difficult area is the question of customs at the heart of delivering brexit lies of tension between the strength of our ambition to seize the new opportunities that brexit presents and the need to protect the jobs and prosperity that are built on interconnected relationship with other European economies, this ambition should not be divisive. There are many people who voted to leave, who also want to retain close trading links witheurope, just as there are many people like myself who voted to remain and yet are excited by the new opportunities that brexit presents. Indeed, i believe, one of the great opportunities of leaving the european union is the ability to have an independent trade policy and to benefit from the new jobs and industries that can result from deepening our trade ties with partners across every continent of the world. But i've never believed that this should come at the expense of the jobs and livelihoods that are sustained by our existing trade with the eu and to protect these. Both the government and the opposition agree that we must have as close as possible to frictionless trade atthe. Uk new border now the government has already got a proposal which delivers the benefits of a customs union, but with the ability for the uk to determine its own trade and development policy. Labor are both skeptical of our ability to negotiate that and don't believe an independent trade policy is in the national interest. They would prefer a comprehensive customs union with the uk say, entry entry policy, but with the eu negotiating on our part.

If we're going to pass withdrawal agreement bill and to deliver brexit, we must resolve this difference. As part of the cross party discussions, the government offered a compromise option of a temporary customs union on good 7li, including uk sayin relevant to be new trade policy and an ability to change the arrangement. So a future government could move it in its preferred direction. We were not able to agree this as part of our prosperity talks, so it is right that parliament should have the opportunity to resolve this during the passage of the bill and decide between the government's proposal and a compromise option, and so the government will commit in Law to let parliament decide this issue and to reflect the outcome of this process in legislation. I'Ve also listened carefully to those who've been arguing for a second referendum. I'Ve made my own view on this, the clear on many time many times. I donot believe this is a route that we should take, because i think we should be implementing the result of the first referendum, not asking the british people to vote in a second one. But i recognise the genuine and sincere strength of feeling across the house on this important issue. The government will therefore include, in the withdrawal agreement bill at introduction, a requirement to vote on whether to hold a second referendum, and this must take place before the withdrawal agreement can be ratified. And if the house of commons were to vote for a referendum, it would be requiring the government to make provisions for such a referendum, including legislation if it wanted ratified the withdrawal agreementso for those mps who want a second referendum. The deal you need a deal and therefore withdraw an agreement bill to make it happen, so let it have its second reading and then make your case to parliament. Finally, we cannot expect mps to vote on the same two documents they previously rejected, so we will seek changes to political declaration to reflect the scheme deal.

So our new brexit do makes of ten point offer to everyone in parliament who wants to deliver the result of the referendum. One. The government will seek to conclude alternative arrangements to replace the backstop by december 2020 so that it never needs to be used to a commitment that should thebackstop come into force. The government will ensure that great britain will stay aligned with warren ireland through the negotiating objectives and final treaties for our future relationship with the eu would have to be approved by mps for a new workers rights bill. The guarantees workers rights will be no less favorable than in the eu. Five will be no change in the level of environmental protection. When we leave the eu six, the uk will seek as close to frictionless trade in goods with the eu as possible. While outside the single market and ending free movement, seven will keep up-to-date with eu rules for goods and agri-food products that are relevant to checks at border, protecting thethousands of jobs that depend on just-in-time supply chains. H, the government will bring forward a customs compromise for mps to decide on to break the deadlock. Nine. There will be a vote for mps on whether the deal should be subject to a referendum, and ten will be a legal duty to secure changes to the political declaration to reflect this new deal. All of these commitments will be guaranteed in law, so they will endure.

At least for this part, the revised deal will deliver on the result of the referendum, and only by voting for with remember that seconds. Reading can mp's provide the vehicle. Parliament needs to determine how we eat the eu, so, if mpsvote against the second reading of this bill, they are voting to stop brexit. If they do so, the consequences could hardly be greater. Reject this deal and leaving the eu with a negotiated deal any time soon. Will be dead in the winter and what would we do then? So i'm suggest leaving without a deal, but whatever you think of that outcome, parliament has been clear: it will do all it can to stop it. If not no deal, then it would have to be a general election or a second referendum that could lead to revocation and no brexit at all. Who believes that a general election at this moment when we still not yet delivered onwhat people instructed us to do, is in the national interest? I do not. My views on second referendum are well known. Look at what this debate is doing to our politics, extending it for months, more perhaps indefinitely risked opening the door to a nightmare future of permanently polarized politics, look around the world and consider the health of liberal democrat democratic politics and look across the united kingdom and Consider the impact of failing to deliver on the clear instruction of the british people in a lawful referendum. We do not have to take that path. Instead, we can deliver brexit.

All the changes i've set out today have the simple aim of building support in parliament. Todo that i believe that is a majority to be won for a brexit deal collins bypassing a deal. We can actually get brexit done and move our country forward. If we can do so, i passionately believe that we can seize the opportunities that i know lie ahead. The world is changing fast, our young people will enjoy opportunities in the future that my generation could never have dreamed of. This is a great time to be alive. A great future awaits the united kingdom and we have all we need as a nation to make your success. It we're trying to train to use the 2030s, but we will not do so as long as our politics remainstuck in an endless debate on brexit. We all have to take some responsibility for the fact that we're in the same class - and we all have a responsibility to do what we can to get out of it. The biggest problem is britain. Today is it's politics, and we can fix that with the right. Grexit deal, we can end this corrosive debate.

We can get out of the eu political structures, the parliament, the commission, the council of ministers that are emotionalize and put our own environment back in sovereign control of our destiny. We can stop british laws being enforced by a european court and instead make our own supreme court genuinely supreme. We can end freemovement and design an immigration system based around skills that work for our economy and society. We can stop making vast annual payments to the eu budget and instead, instead spend our own money our own priorities, like the nhs we can get out of the common fisheries policy in the corner agricultural policy, design our own systems around our own needs and resources. We could do all of these things and, by leaving with a deal, we can do so much more besides by reaching an agreement with our enya trading partners, we can't keep tariff barriers down and goods flowing friction-free across borders, protecting jobs and setting our firms up for Futures, yes, we can guarantee workers rightsand environmental protections with a deal. We can keep our closed security partnerships and keep working together to keep people safe. We can ensure that the challenge of the that border between northern ireland in ireland is met in a way that works with people on both sides. This is a huge opportunity for the united kingdom out of the eu out of ever closer union free to do things differently and doing so in a way to protects jobs. Textile security maintains a close relationship with our friends and works for the whole united kingdom. It is practical, it is responsible, it is deliverable right now it is slipping away from us. We risk losing a great opportunity. Thisdeal is not the final word on our future relationship with the eu.

It is a stepping stone to reach that future, a future where the people of the uk determine the road ahead for the country we all love. This deal lays the groundwork and settles many of the core issues, but in the years ahead, parliament will be able to debate, decide and refine the exact nature of our relationship with the eu. Some will want us to draw closer. Others will want to become more difficult. Both sides can make their case in the months and years ahead. The key thing is: decisions will be made not by any piece new counsel, but by the united kingdomparliament elected by the british people, and that is what being an independent nation state is all about. Those debates, those decisions are for the future. What matters now is honoring the result of the referendum and seizing the opportunity. This is right before us, so we are making a new offer to find common ground in parliament. That is now the only way to deliver brexit over the next two weeks. The government will be making the case for this deal in parliament and media in the country or what is best and right for our country now and in the future, and on what the majority of british people of all political persuasions want to see happen. Tomorrowi made a statement to the house of commons and there will be opportunity is throughout the bill for mps on all sides to have their say, but i say with conviction to every mp of every party i have compromised.

Now i ask you to compromise. We'Ve been given a clear instruction by the people we are supposed to represent, so hope you find a way to honor that instruction move our country and our politics forward and build the better future that all of us want to see. Thank you now. The solution types of questions from the media and thank you, mr. gordon, constructive seenu's and, as you said, that the getting of your speech you'vehad nearly three years but the opposition parties have already said they will not vote for this deal. Isn'T it simply too late now for you to be offering a compromise in many a piece simply don't want to listen, and, secondly, can you confirm that if this bill is lost, you will resign well on the second part, not better, nor that was last week's news And i set out of the channels right what what will be happening. The on the first point that you make, i would say to every mp and i've said this actually i'll make a statement in the house of commons tomorrow we will be publishing the bill, wait and look atthe details of the bill and think about the importance of Delivering brexit, because this is the way that we can ratify an agreement and ensure that we leave the european union that must be at the forefront of our thinking and, as i said, i think this is the opportunity we have to do just that. So look at the details of this bill, as i say i've compromised. I think i asked others to compromise too so that together we can do what the british people 34 in the referendum, and he really knew that's. Prime minister, whatever happens now with your brexit bill, you have promised to stand down as prime minister. Would you like to seea brexit ear, replace you or do you think that that would just prolong the polarization of politics that you've just spoken off? Nice try this, but my view is: i'm not going to comment on the future, a future leadership with action that will be a matter for the conservative party in all of its parts. You see, let's see robert sorry i'll, give you my solution.

Is the pleasures, don't where you said. You said, prime minister, but you will give me the opportunity to vote on whether to have a so-called confirmatory referendum. Does that mean you are giving a commitment that if they vote for that referendum, there will be a referendum, and you also saidlook, you will give mps a vote on whether the uk should remain in a permanent customs union without the ability to negotiate trade deals with Other countries again, is this a commitment that, if they vote for that, that is what a conservative government would negotiate was. I said in the speech obviously, and as we take these issues through the through the house of commons, what the house of commons will be saying is what they want to see in the in the final bill. And if you want a deal, it's about ratifying the bill, but i do have to pick you up, robert on, in fact that you said that i had said there would bea compromise solution of a permanent customs union on the table. No, i didn't, i said, a temporary customs union which would enable a future government to take the buster's arrangement in whichever direction it wished wish to do so. Francis frances overcome the times. Then you take a case to the country over the next two weeks. There are four elections on thursday when we actually see the bill 37 crosses and the new the committing to publishing the bill before recess will be publishing the bill in the next few days, and as i say, i would ask people to wait and look at the Details of what is in the bill and as i say this isthe opportunity that people have to deliver on brexit. What does the bill do? It enables us to get out of there eu. It enables us to take that control of our money, our borders and our laws. I think that's what people voted for.

That'S what this bill would enable people to to do get back, maybe career from the mirror and prime minister, you came in to number 10. I want to sing to deliver grexit and to put the issue of europe to bed, wants to prove conservative party. How successful do you think you've been in doing that? Well patiently. Obviously, i just said in my speech i haven't yet to effort for exit this isabout. What i'm doing today is about setting out what i believe is a new brexit deal that can command a majority across the house of commons and that can enable us to do just that, because it's not just my responsibility to deliver brexit. I believe it's the responsibility of the whole of the house of commons to deliver that grexit. We gave the british people the choice in the referendum, the house of commons and the government at the time traded would abide by the decision. The house of commons vote each trigger article 50. The house of commons passed the initial withdrawal act that set the scene was being able to withdraw when he had a dealand. The legislation would be. New legislation will be necessary to put that deal into place, and now we have the opportunity for confirming that brexit by passing this by passing this bill. I'Ll take one last question from jason: okay, some ghosts in the daily battle.

Some of your colleagues seem to be opposed to this, not because necessarily what's in it, but because it's you who's doing the asking. What do you say to those who now think it's your duty and international interest for you to step aside and let someone else have a go before this whole thing is even worse. What on the on that issue of myself, as i said to jinora you knowthe situation, as i said, i have, as i said last week following my discussions with channel 22. Look look. I say this isn't just about me if it was just about me and how my photic we'd already have left the european union. Actually, this is about a responsibility across the whole of the house of commons for us to come together and find a way of delivering on the instruction people gave us. People want us to leave the eu. We need to deliver that. This deal enables the house of commons to do that to come together to support, withdraw the agreement and ensure that we leave the european union. Thank you. [ applause, ].


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