- Don-Alvin Adegeest
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British Prime Minister Theresa May announced her resignation on Friday
following stagnated Brexit advancements and her inability to convince MPs
to back her deal.
A second referendum was one of the new proposals of an amended Withdrawal
Agreement Bill, which is likely to be opposed in its fourth iteration.
The future of British luxury brands and retailers remains uncertain as long
as a no deal Brexit remains a possibility. Walpole, the trade body which
promotes, protects and develops British luxury worldwide urges the
government for frictionless access to markets via a customs union;
regulatory alignment; and the safeguarding of access to creative talent and
skilled workforce. To date no assurances have been be made.
While almost nothing went according to plan in the three years since the
Brexit vote, the incoming Prime Minister will have until the end of October
to have parliament back a deal.
In her resignation speech May said: “It will always remain a matter of deep
regret to me that I have not been able to deliver Brexit.”
