Home UK government source denies report that PM May is seeking new Brexit transition until 2023

UK government source denies report that PM May is seeking new Brexit transition until 2023

Updated: 24 May. 2018 | 11:51

According to the latest news headlines floating on the wires, the UK government source has denied a report saying that PM May is seeking new Brexit transition until 2023.

The UK Times reported earlier today that Theresa May will ask the European Union for a second Brexit transition period from 2021 to at least 2023 to avoid a hard border in Ireland.

The headlines prompted some GBP weakness, with the GBP/USD pair eroding a part of the upbeat UK retail sales data-led strong gains and retreating back below the 1.3400 handle.

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