Theresa May will ask the European Union for a second Brexit transition period to run until 2023 to avoid a hard border in Ireland.

UK Times reporting (may be gated)

More:

  • Britain will propose another transition covering customs and trade that will follow the period already agreed, scheduled to last until the end of 2020, The Times understands.
  • May's new proposal has not yet been tabled in Brussels
  • Faces opposition from EU negotiators and Brexit-supporting Conservatives
  • transitional deal already agreed will last from next March to the end of 2020
  • Britain will ask for a customs and regulatory alignment implementation period from 2021 to at least 2023
  • to avoid the need for infrastructure or checks on the border

Wow ….

GBP gaining a few points on the back of this

GBP likes the idea of delaying Brexit … would ideally like no Brexit

Is it only in Australia that we describe debacles like this a "dog's breakfast?"

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