"Brexit" - What Will It Really Mean?

From The Economist - "So what will Brexit really mean? Theresa May’s ministers are carefully avoiding specific answers. But she is systematically disowning many of the Brexiteers’ promises"

From gov.uk - Secretary of State David Davis made a statement in the House of Commons on the work of the Department for Exiting the European Union.

"As the Prime Minister has made clear, there will be no attempt to stay in the EU by the back door. No attempt to delay, frustrate or thwart the will of the British people. No attempt to engineer a second referendum because some people didn’t like the first answer.

The people have spoken in the referendum offered to them by this government and confirmed by Parliament, and all of us, on both sides of the argument, must respect the result. That is a simple matter of democratic politics.

Naturally, people want to know what Brexit will mean.

Simply, it means the UK leaving the European Union. We will decide on our borders, our laws, and taxpayers’ money....

But I want to be clear to our European friends and allies: we do not see Brexit as ending our relationship with Europe. It is about starting a new one.

We want to maintain or even strengthen our co-operation on security and defence. It is in the interests of both the UK and the EU that we have the freest possible trading relationship. We want a strong EU, succeeding economically and politically, working with Britain in many areas of common interest.

So we should all approach the negotiations to come about our exit with a sense of mutual respect and co-operation".

The Guardian: Jeremy Corbyn v Owen Smith on BBC Question Time

David Dimbleby and Owen Smith:

DD: You said you would like to see Labour going into the next election saying our party policy is to go back into the EU.

OS: Yes.

DD: You ignore the Brexit vote.

OS: Exactly.

DD: Exactly?

OS: Exactly. We need to find out what it is. The Brexit vote set a direction, if we like. We don’t know where we’re going.

DD: You know where you are going. You are going back in.

OS: Well, I hope we are. And I think we should be strong about that.



UK business 'too lazy and fat', says Trade Secretary Liam Fox, BBC News


'Fat and lazy' Britain is ill-prepared to secure future outside EU, says Fox, The Guardian


Britain is completely lost after Brexit and will beg for a deal, Brussels believes, The Telegraph