May Makes Commitment on Cash in Bid to Break Brexit Deadlock

  • Florence speech seeks multi-year transition to end in 2021
  • EU’s Barnier praises ‘step forward’ as talks set to resume

The Takeaways From Theresa May's Speech in Florence

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U.K. Prime Minister Theresa May appeared to have broken the stalemate in Brexit negotiations after signaling for the first time a readiness to start discussing the bill the European Union wants to impose.

In delivering her most detailed roadmap yet for the divorce, May gave the clearest indication yet that Britain will pay to smooth its departure from the bloc. Her words were immediately welcomed by the EU’s chief negotiator Michel Barnier.