Theresa May is due to deliver a major speech at Mansion House in London later, where she is expected to lay out hopes for the ‘broadest and deepest possible agreement with the EU.’ The speech, titled “Our Future Partnership” is due to see claims set out from the PM on what she believes is ‘an ambitious but credible’ vision for the future for the UK outside of the EU.
The speech comes as a sixth and final ‘Road To Brexit’ speech, following multiple addresses by Cabinet ministers in recent weeks.
Follow this key speech live with The Speaker from 1pm.
LIVE UPDATES
Key Points
- Theresa May has delivered a key Brexit speech at Mansion House.
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Here is an outline of Theresa May’s new five point plan for Brexit. The PM says a new agreement must;
1. Respect the result of the referendum
2. It must endure
3. It must protect jobs & security
4. It must preserve our diversity & values
5. It must strengthen our union; bring our country back together
Reaction
- The Chair of the European Parliament’s biggest group, the EPP, has tweeted his response to May’s speech. Not the response May would have been hoping for…
After what I have heard today I am even more concerned. I don’t see how we could reach an agreement on #Brexit if the UK government continues to bury its head in the sand like this. #TheresaMaySpeech @EPPGroup
— Manfred Weber (@ManfredWeber) March 2, 2018
- The Labour Party has tweeted a response to Theresa May’s speech –
The Tories still have no answers to the questions facing the Brexit negotiations. Quite the opposite: the Government is paralysed by its own divisions.
Our Brexit approach can unite our country & put jobs and living standards first – and the @CBItweets agrees ↓ #RoadtoBrexit pic.twitter.com/erldXXJ9Kc— The Labour Party (@UKLabour) March 2, 2018
- Boris Johnson has tweeted his response to the PM’s speech from Hungary -‘
The PM’s Mansion House speech sets out a clear and convincing vision for our future partnership with the EU
— Boris Johnson (@BorisJohnson) March 2, 2018
- Robert Peston has started trending on Twitter following his blunder in the Q&A session, forgetting the name of his employer.
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14:32 – That’s all of our live updates for this afternoon. Stay Tuned to The Speaker for a full report and reaction to follow.
14:31 – Robert Peston just briefly forgot he was ITV’s political editor when he asked a question of the Prime Minister, answering, ‘Robert Peston, BBC’
14:27 – The PM is answering question from the media.
14:26 – Theresa May has concluded her speech with a message to the EU – “We know what we want, we understand your principles, we have a shared interest in getting this right, so let’s get on with it.”
14:16 – Theresa May has confirmed that the Chancellor will be delivering another speech next week regarding a “deep and special partnership” the UK is seeking on financial services.
14:14 – Theresa May has said she recognises that some of her proposals rely on new technology.
14:11 – May confirms she wants to be part of multiple EU agencies, including European Aviation Agency, Chemicals agency, Pharma Agency and more.
14:10 – May corrects her slip up: “To achieve a hard border” – “Sorry, let me be clear – to avoid a hard border…”
14:04 – Here is an outline of Theresa May’s new five point plan for Brexit. The PM says a new agreement must;
1. Respect the result of the referendum
2. It must endure
3. It must protect jobs & security
4. It must preserve our diversity & values
5. It must strengthen our union; bring our country back together
14:03 – Theresa May has retaliated to the EU’s anger at British ‘cherry-picking’ for a free trade agreement – “If this is cherry picking, then every trade agreement is cherry-picking.”
13:58 – PM: ‘I am confident that there can be agreement. But we need to look beyond the precedents and find a new balance.’
13:57 – PM: ‘This is a negotiation, and neither of us can have exactly what we want’
13:53 – PM: ‘I want to be straight with people. We all need to face up to some hard facts. We are leaving the single market. Life is going to be different.’
13:48 – Theresa May has told Mansion House that both sides are ‘close to an agreement’ on the terms of a transition period.
13:47 – PM: ‘We are now approaching a crucial moment, there is no escaping the complexity of the task ahead of us.’
13:44 – PM: ‘The agreement we reach with the EU must respect the referendum’
13:42 – Theresa May has started her speech by thanking volunteers, first responders and emergency services staff for their work during the current period of snow in the UK, saying their ‘contribution is a special part of who we are as a country.’
13:40 – The start of Theresa May’s final ‘Road To Brexit Speech’ is imminent. The final guests have taken their seats.
13:25 – Foreign secretary Boris Johnson is set to miss the speech, as he is snowed in on a visit in Hungary.
13:06 – Pro-single market campaigners have been spotted handing out cake outside the speech venue, one piece of which has been eaten by the Latvian Ambassador
13:05 – Theresa May due to give speech at 1.30pm from Mansion House in London.
