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Under pressure, May tries to reassure EU on money

Friday, November 17, 2017 - 01:43

EU leaders at a Gothenburg summit discuss growth and social justice, but Brexit issues may dominate again for a UK prime minister under pressure. But, as Ciara Lee reports, Brexit minister David Davis says some EU countries are now keen for negotiations to move on to focus on trade.

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BROADCAST AND DIGITAL RESTRICTIONS~** Broadcasters: NONE Digital: NONE*~ A social summit... but just how sociable EU leaders plan to be is another matter. Theresa May will likely face fresh pressure from leaders to meet their conditions for launching post-Brexit trade talks And on arrival in Sweden forced to bat off reports that she is ready to raise her offer of cash to settle London's obligations. (SOUNDBITE) (English) BRITISH PRIME MINISTER, THERESA MAY, SAYING: "I've set out a vision for that economic partnership. I look forward to the European Union responding positively to that so we can move forward together." May's trying to reassure increasingly frustrated leaders who want London to spell out how much it will pay. Although Brexit minister David Davis says some EU countries are keen for negotiations to move on to focus on trade. (SOUNDBITE) (English) BRITISH BREXIT MINISTER, DAVID DAVIS, SAYING: "After Brexit Britain will have an independent trade policy and we will use it to lead a race to the top." It's an optimism not shared by everyone. (SOUNDBITE) (English) CITY INDEX, MARKET ANALYST, KEN ODELUGA, SAYING: "What we're not seeing is a movement towards a real agreement about this bill. I think we're getting close. Clearly we must be closer than we were at the beginning of the year, but we're not there yet. And so maybe that optimism is a little bit unfounded. But I mean it's all we've got." May's to hold meetings with leaders on the sidelines as well with Donald Tusk, who is overseeing the Brexit process. He's widely expected to remind May that "time is short" But still time enough to hold a second referendum - according to one leading banker. Goldman Sachs CEO Lloyd Blankfein tweeting that many people want Britain to have a "confirming vote" on whether to leave the EU He appeared to be referencing the growing frustration among the business community.

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Under pressure, May tries to reassure EU on money

Friday, November 17, 2017 - 01:43