Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

UK government has no intention of revoking Article 50 - May's spokesman

Published 20/02/2017, 12:23
© Reuters. File photo of demonstrators taking part in a protest aimed at showing London's solidarity with the European Union following the recent EU referendum, in London

LONDON (Reuters) - The British government has no intention of revoking its withdrawal from the European Union once the formal exit process has been triggered, Prime Minister Theresa May's spokesman said on Monday.

May plans to trigger Article 50 of the EU's Lisbon Treaty by the end of March, beginning up to two years of divorce talks.

Lawyers for the government have said that, once started, the process is irrevocable, but some EU leaders say Britain can change its mind and a legal challenge to determine whether it can be reversed has been filed with an Irish court.

"We have no intention of revoking Article 50," the spokesman told reporters.

© Reuters. File photo of demonstrators taking part in a protest aimed at showing London's solidarity with the European Union following the recent EU referendum, in London

"The British people were very clear (that) they want us to leave the European Union. Article 50 is the mechanism by which we start that process, so this government is very clear that it will deliver on the result of that referendum."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.