Three thoughts after reading the UK Prime Minister’s Brexit speech.
- This is the opening salvo of a negotiation. Everything needs to be understood (and therefore, deflated) in this context.
- In different places in the speech, Mrs May is talking about restricting immigration *and* having unrestricted free trade. This is a nonsense, and it won’t work. Her description of the process also completely underestimates the negotiating power of the EU. For example, Mrs May said she wants to give “British companies the maximum freedom to trade and operate in the single market”, but not at the expense of allowing free movement of workers for these companies or accepting the power of the European Court of Justice. Best of luck with that.
- Beyond rallying the troops a bit, and giving a timeline, there’s little in the speech for Ireland, news-wise, apart from what seems like a very firm decision to negotiate as a United Kingdom–meaning our friends up North and in Scotland are in a bit of trouble as there will likely be fewer border-related concessions for them in the context of a ‘hard’ Brexit.