After weeks of speculation on the UK's timetable for invoking Article 50, and eventually exiting the EU, Prime Minister Theresa May today announced she’ll begin the U.K.’s withdrawal from the European Union in the first quarter of 2017, ending speculation about the start of the 2-year Brexit process.
During the Conservative Party’s annual conference in Birmingham, May told delegates that she’ll invoke Article 50 of the EU’s Lisbon Treaty, the formal trigger for two years of talks, before the end of March. The premier also said she’ll introduce a bill next year to convert all existing EU laws into U.K. legislation on the day that Brexit is completed to provide certainty for business and investors, Bloomberg reported.
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