Sunday, August 14, 2016

Brexit could be delayed to late-2019 as government not ready: Sunday Times

Britain's exit from the European Union could be delayed until at least late 2019 because the government was too "chaotic" to start the two-year process early next year, the Sunday Times reported, citing sources it said were briefed by ministers.

Britain voted to leave the EU on June 23, but views differ over when it should invoke "Article 50", which sets the clock ticking on a two-year deadline to leave the bloc, with some senior politicians calling for a quick departure.

Prime Minister Theresa May, who campaigned for Britain to remain in the EU and leads a cabinet of ministers from either side of the debate, has said she will not trigger Brexit talks this year as Britain needs time to prepare.

But British government ministers have warned senior figures in the City of London, London's financial district, that Article 50 was unlikely to be triggered early in 2017 because the situation in government was "chaotic", the Sunday Times reported on Sunday.

"Ministers are now thinking the [Article 50] trigger could be delayed until autumn 2017," one source, who had spoken to two senior ministers, told the newspaper.

http://www.reuters.com/article/us-britain-eu-timing-idUSKCN10O0Y9?il=0

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