LONDON (Reuters) - British Prime Minister Theresa May told business leaders during a meeting on Monday that they should treat a two-year transition period after Brexit as assured, a source familiar with the matter told Reuters.
May said last month that she would seek a Brexit transition period of around two years after Britain formally leaves the EU in 2019, aiming to appease businesses concerned that the country could leave the European Union without a deal.
“From her point of view, the transitional agreement is non-negotiable... business should think of the two-year period as assured. It will happen,” the source said when asked what May had said during discussions on Monday.
A spokeswoman at May’s office declined to comment when contacted by Reuters.
Reporting by Costas Pitas; editing by Guy Faulconbridge