Generation Brexit

Why achieving a transition deal is necessary for the UK, regardless of costs

It seems as though the UK will need to pay considerably more than how much Theresa May would have initially liked. This therefore shows that the EU very much has the ball regarding the progression of negotiations. However, despite the increasing costs, it is fundamental the UK pay whatever is reasonably necessary in order to more rapidly advance transition deal negotiations. This is because many industries and key businesses such as financial institutions, due to the severe uncertainty of Brexit are moving their operations abroad. This means Theresa May needs to achieve a transition deal as soon as possible to provide further certainty and security for UK institutions, thus reducing the risk of any harm to the national economy. 

No comments yet, be the first to post one!