PM May seeks to reassure EU citizens ahead of Brussels summit

Conor Coyle WebFG News | 19 Oct, 2017 09:52 | | |

cbtheresamaybrexit

Theresa May has reassured EU citizens living in the UK that protecting their rights and the rights of Britons in Europe is her number one priority in Brexit negotiations.

May will be on the sidelines again as a summit between other European leaders takes place in Brussels, after the PM travelled there earlier this week for a key dinner with European Commission president Jean-Claude Juncker.

In a Facebook post on Thursday, May said the UK “hugely values” the contributions of EU nationals to the economic, social and cultural aspects of the country.

"I have been clear throughout this process that citizens’ rights are my first priority. And I know my fellow leaders have the same objective: to safeguard the rights of EU nationals living in the UK and UK nationals living in the EU," May said.

The PM also gave details of a new streamlined digital system whereby Europeans will be able to apply for residency in the UK, while also adding that an agreement with the EU on the issue was close.

"This process will be designed with users in mind, and we will engage with them every step of the way. We will keep the cost as low as possible – no more than the cost of a UK passport," she added.

2I am confident that we can conclude discussions on citizens’ rights in the coming weeks."

Despite May’s claim, the other 27 leaders of EU member states are expected to conclude that there has not been enough progress on exit talks during recent months.

Negotiations have stalled in recent weeks on several key issues, among those the question of citizens’ rights and the controversial exit bill.

More news

19:07 Europe close: Stocks slip going into the weekend

Stocks reversed early gains as investors opted to play it safe going into the weekend and the euro edged a tad higher on the back of the political gyrations on Capitol Hill.

18:52 Europe open: Stocks start slightly higher, analysts wary

Stocks have started the morning trading slightly higher, tracking overnight gains on Wall Street but analysts are worried about buying into Thursday's bounce.

18:41 London close: Stocks finish week on down note

London's top flight index slipped on Friday, but managed to finish well-off its lows of the session despite renewed Brexit angst as the pound gave back early gains.

16:34 Kingfisher gets RBC upgrade as 'reasons to be cheerful' in France

DIY retailer Kingfisher has more "reasons to be cheerful" thanks to an improving French outlook, analysts at RBC Capital Markets said on Friday, while clothes seller Supergroup remains "compelling" but its shares have gained a lot in recent weeks.

16:33 NAV on the rise as Alpha Real Estate Trust turns focus to build-to-rent market

Real estate investment group Alpha Real Trust saw its net asset value (NAV) rise in its first half of trading as it moved to make further investments in build-to-rent projects.

16:33 Pacific Industrial & Logistics completes sale of Bedford asset

Industrial and logistics-focussed real estate investment trust Pacific Industrial & Logistics has completed the sale of an asset located at Hammond Road, Bedford, for a total consideration of £5.8m, it announced on Friday.

16:27 DP Poland cuts ribbon on 50th Polish Domino's store

DP Poland, which holds the exclusive master franchise for the Domino’s Pizza brand in Poland, celebrated the opening of its 50th location in the country on Friday.

16:24 Mercia Technologies makes new investment into Aston EyeTech

National investment group Mercia Technologies has made a new direct investment into Aston EyeTech - a spinout from Aston University, Birmingham - which has developed a range of proprietary hardware and software products in ocular care, it announced on Friday.

16:19 SimiGon receives final approval for $2m Israeli Air Force order

Modelling, simulation and training solutions provider SimiGon has now received final regulatory approval for a $2m purchase order received from the Israeli Air Force, initially announced on 20 June 2016, it confirmed on Friday.

16:15 Agriterra losses grow after 'subdued' interest in corn products

Agricultural investment group Agriterra saw losses widen in the first half of its trading year as subdued demand for its maize flour products slashed revenues by more than a third.