May: UK to Face ‘Difficult Times’
World Economy

May: UK to Face ‘Difficult Times’

Britain needs to be prepared for some “difficult times” ahead as it leaves the European Union, Prime Minister Theresa May has said.
Speaking to the Andrew Marr Show—in her first major interview since taking office—May warned Brexit would not be “plain sailing” for the UK, BBC reported.
She said formal EU talks will not begin until 2017, but vowed the process would not be “kicked into the long grass”.
“I’m not going to pretend that it’s all going to be plain sailing. I think we must be prepared for the fact that there may be some difficult times ahead,” she said.
“As I say, an independent Britain forging our own way in the world. And I think what we see following the referendum vote is that British spirit which says we’ve had the decision, now let’s get on with it, let’s get on with putting it into practice, and let’s make sure that we take those opportunities and make a success of it.”
She again signaled on Sunday that she would not accept a second EU referendum, after protesters took to the street in cities such as London, Birmingham, Edinburgh, and Cambridge calling for public input on whether to accept the eventual Brexit package.
She insisted the country would “make a success” of leaving the EU, saying she was also “optimistic” about new opportunities for Britain outside the EU.
The former home secretary became prime minister after David Cameron resigned in the wake of the EU referendum—with the Brexit process likely to dominate the first years of her premiership.


Short URL : http://goo.gl/eT5eUp
  1. http://goo.gl/wzd2bO
  • http://goo.gl/wmh0Dh
  • http://goo.gl/xepydN
  • http://goo.gl/jFgwDy
  • http://goo.gl/Z7lLuN

You can also read ...

China Warned of Ballooning SOEs
Former chief of the World Bank Robert Zoellick cautioned China...
Business confidence fell to its lowest level since August 2013 and around 7% of companies expected a contraction.
According to data from the International Monetary Fund in...
Shrinking unemployment in the US, Japan and the eurozone finally forces companies  to lift wages to retain and attract staff.
Workers in the world's richest countries are getting their...
New Zealand Q2 GDP Growth Picking Up
New Zealand’s economic growth is expected to have accelerated...
Saudi Sovereign Fund Secures $11 Billion Loan
Saudi Arabia's sovereign wealth fund said Monday it had...
Lira Eases Against Dollar
Turkey’s lira weakened against the dollar on Monday as...
By 2025 more than half of all current workplace tasks  will be performed by machines.
Robots will handle 52% of current work tasks by 2025, almost...
Myanmar Businesses Want Lower Taxes
Myanmar businesses are urging the government to lower the...