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Stock impact report

Longer Brexit transition just an idea - UK PM May's spokeswoman [Reuters]

Diageo plc (DEO) 
US:NYSE Investor Relations: diageo.com/en/investors
Company Research Source: Reuters
Longer Brexit transition just an idea - UK PM May's spokeswoman | Reuters 1 Min Read LONDON, Oct 19 (Reuters) - People should not overplay the idea of an extension to a Brexit transition period during which Britain would keep EU rules in place after it leaves the bloc, a spokeswoman for Prime Minister Theresa May said on Friday. “We shouldn’t get ahead of ourselves. What we have is an idea, we haven’t got a detailed proposal by any stretch. We begin negotiations again next week and this is one of the ideas that will be explored,” she said. The prospect of a longer transition has angered some lawmakers in May’s Conservative Party. The spokeswoman said May would brief around 120 business leaders to update them on the progress of the talks via a teleconference on Friday. The leaders included representatives of RBS, Diageo and Tesco. (Reporting by William James Writing by Alistair Smout Editing by William Schomberg) All quotes delayed a minimum of 15 minutes. See here for a complete lis Show less Read more
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