British Prime Minister Theresa May set out the principles that will guide her approach to Britain's withdrawal from the European Union in a speech in London on Tuesday (January 17), saying the UK cannot remain a member of the single market once it has left. Rough Cut (no reporter narration).
ROUGH CUT (NO REPORTER NARRATION) Prime Minister Theresa May says Britain cannot remain part of the single market once it has left the European Union. May is setting out the principles that will guide her approach to Brexit in a speech in London on Tuesday (January 17). Speaking to an audience of foreign diplomats and Britain's own Brexit negotiating team, May said Britain would not seek a deal that left the country "half in, half out" of the EU. Britons' vote to leave the bloc has opened a huge number of questions about immigration and the future rights of the many EU citizens already living in the United Kingdom and whether British-based banks will still be able to serve continental clients. May's government has come under fire from investors, businesses and lawmakers for so far revealing little about the future relationship she will seek when she begins formal divorce talks by the end of March. The Brexit talks, which are expected to be one of the most complicated negotiations in post-World War Two European history, could decide the fate of her premiership, the United Kingdom and even the future shape of the European Union.