Theresa May promises 'new, bold' Brexit deal

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Theresa May promises 'new, bold' Brexit deal

London: British Prime Minister Theresa May says she will make a "new, bold offer" to lawmakers in the coming weeks, when she will try once again to win a majority in Parliament for her Brexit deal.

Writing in the Sunday Times newspaper, the Conservative prime minister expressed optimism that members of Parliament will back her deal to leave the European Union at the fourth time of asking.

Prime Minster Theresa May remains optimistic about her role in Brexit despite repeated failures to reach a deal.

Prime Minster Theresa May remains optimistic about her role in Brexit despite repeated failures to reach a deal.Credit: AP

"I still believe there is a majority in Parliament to be won for leaving with a deal," she wrote.

The bill "will represent a new, bold offer to MPs across the House of Commons, with an improved package of measures that I believe can win new support," May wrote, promising the deal will honor the decision the British people took in the 2016 referendum to leave the EU.

May has so far failed to resolve the parliamentary impasse over Brexit, forcing her to extend Britain's scheduled leaving date by seven months until October 31. The delay also meant Britain will take part in next week's European Parliament elections.

In the op-ed, she urged voters to choose her party next week, claiming that Labour and other opposition parties "cannot deliver Brexit or have so far refused to do so".

She also appeared to blame "some MPs on my own side" for failing to pass a deal so far, in an echo of comments she made in March which sparked a furious backlash within her party.

The op-ed comes as Britain's exit from the EU is as uncertain as ever after talks with Labour's left-wing leader Jeremy Corbyn collapsed on Friday.

Meanwhile, the cost of the Brexit turmoil mounts for British companies, with business leaders saying they are frustrated at the UK's political class and worried about the alternatives to the Prime Minister.

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"The anger is directed at Westminster as a whole," Adam Marshall, director general of the British Chambers of Commerce said in an interview. "There are concerns about lots of individuals and lots of political parties right now," he said.

Politicians are "chasing rainbows," and businesses "are paying for political indecision," Marshall said.

Meanwhile, the costs mount, and a lot of businesses face working capital pressures, he said.

Marshall cited the example of a freight company that had hired logistics experts to deal with the effects of Brexit on March 29 - the original deadline.

"It can't let those people go now because that scenario could come back in October, and the skills are in such high demand," he said. "It's basically carrying them on the books for six months without them actually having that much to do."

McClatchy, Bloomberg

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