UK Prime Minister Theresa May Sets Start Date For Brexit

It’s official—Britain will begin the process to leave the European Union by the end of March, Prime Minister Theresa May said Sunday.

The date was somewhat of a surprise to observers who had assumed May would wait until France's presidential elections ended in May before starting the process, but she said the nation will not be derailed. She also said her government will fight any legal challenges intended to stall the Brexit decision, CBS News reports.

May has completely rejected the idea that individual nations within the UK will be able to negotiate with the EU themselves, a message clearly aimed at Scotland—the nation overwhelmingly voted to stay in the EU and wants a place at the table due to its numerous trade ties to Europe. [CBS]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Equinix Ramps Up Spending Plans Amid Faster-Than-Expected AI Shift

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI