May wins business support for draft Brexit deal

Image
AFP London
Last Updated : Nov 19 2018 | 7:30 PM IST

British Prime Minister Theresa May on Monday won support from big business for her draft Brexit deal ahead of "intense negotiations" with Brussels in the coming week.

May told the Confederation of British Industry (CBI), the UK's main business lobby group, that she was "determined to deliver" her Brexit deal as she prepares for Sunday's European Council summit to sign Britain's divorce papers.

"We now have an intense week of negotiations ahead of us," she told some 1,000 business leaders at the CBI annual conference in central London.

"During that time I expect us to hammer out the full and final details of the framework that will underpin our future relationship.

"I am confident that we can strike a deal at the Council that I can take back to the House of Commons."
CBI chief Carolyn Fairbairn gave qualified support for May's draft deal, telling the conference that "it is not perfect, it is a compromise, but it is hard-won progress."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 19 2018 | 7:30 PM IST

Next Story