Europe News

UK PM Theresa May delivers major Brexit speech in Italy

[The stream is slated to start at 14:15 BST. Please refresh the page if you do not see a player above at that time.]

U.K. Prime Minister Theresa May will give a highly anticipated speech on ongoing Brexit negotiations in Florence, Italy on Friday afternoon.

The speech is expected to outline the U.K.'s proposal for a transitional deal as it exits the European Union. It has been reported that this could last up to two years and cost the U.K. 20 billion euros, all in exchange for continued membership of the single market.

Eyes will be on May following a turbulent week for her Conservative Party, in which Foreign Secretary Boris Johnson was accused of backseat driving in pushing for a hard Brexit.


Get the best of CNBC in your inbox

Please choose a subscription

Please enter a valid email address
Get these newsletters delivered to your inbox, and more info about our products and service. Privacy Policy.