Prime Minister Theresa May has admitted that there are “hard facts” Britain should be ready to face about the economic consequences of leaving the European Union.
May made the remarks Friday in a detailed speech to an audience of Tory cabinet ministers, business people and diplomats in London just weeks before starting negotiations on the future partnership with Brussels.
She confirmed the UK would leave the EU’s single market and customs union after Brexit in March 2019, noting the country may suffer new trade barriers as a result of her move.
“I want to be straight with people because the reality is we all need to face up to some hard facts. We are leaving the single market. Life is going to be different. In certain ways, our access to each other’s…