October 22, 2018 / 2:48 PM / a month ago

Cost of extending Brexit implementation period is for negotiation - UK minister

John Glen, local Member of Parliament for Salisbury and South Wiltshire, talks to the media in Salisbury, Britain, April 3, 2018. REUTERS/Hannah McKay

LONDON (Reuters) - The cost of any extension to Britain’s post-Brexit transition period is a matter for negotiations with the European Union, British financial services minister John Glen said on Monday.

“The length and cost of any extension to the implementation period is subject to negotiations,” Glen said in parliament.

Last week, May signalled she would consider extending a so-called transition period “for a matter of months” after Britain leaves the EU in March.

Reporting by Kylie Maclellan, writing by William James; editing by Guy Faulconbridge

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