Could Brexit Be Delayed to Give the U.K. Transition Wiggle Room?

  • Officials question if Article 50 deadline could be extended
  • Prolongation would also allow more time to negotiate deal
Burnbrae's Mellon Sees 90% Chance of 2017 Brexit Deal
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European Union officials have started questioning whether the U.K. could remain a member of the EU beyond March 2019 as a smoother alternative to a transition deal.

Prime Minister Theresa May said in September that she wants a bridging period of around two years so that businesses have time to adapt to the new regime. Under the current plan, this would be a formal interim phase agreed as part of the overall Brexit deal to take effect after Britain leaves in 17 months’ time.