Theresa May
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  • It has been exactly one year since Theresa May triggered Article 50 and kick-started the Brexit process.
  • Notable progress has been made on several key issues, but more notable is the number and scale of the problems still to be resolved.
  • Business Insider’s Brexit timeline shows the already-tight two year schedule to negotiate the broad outline of a deal has become even tighter after a year of delays and fudged commitments.

LONDON — It has been exactly one year since Theresa May triggered Article 50 and kick-started the Brexit process and now only one year remains until Britain is due to leave.

Notable progress has been made on several key issues. Negotiators in December thrashed out the terms of Britain’s separation from the EU — including the contentious issue of a £39 billion divorce bill — and in March this year they agreed the outline of a transition phase which will prevent Britain from crashing out of the EU without a deal.

However, many of the major obstacles to a smooth Brexit remain. With just a year to go until Brexit, May’s government have yet to fully explain how it will fulfil its promise to:

  • Avoid a hard Irish border
  • Secure a tariff-free “customs partnership” with the EU that isn’t the customs union
  • Make up for the damage caused to financial services by the loss of passporting
  • Register 3.7 million European nationals in the space of two years
  • Arrange a trade deal with a hostile Trump administration

May and her colleagues insist that solutions to all of these issues can be found in the next 12 months. But, as Business Insider’s Brexit timeline shows, the already-tight two year schedule to negotiate the broad outline of a deal has become even tighter after a year of delays and fudged commitments.

Source: Business Insider UK

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