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Business

Speculation rife over reported Brexit delay

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Business

Speculation rife over reported Brexit delay

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COMING UP:Speculation rife over reported Brexit delay

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00:00:01
>> Waiting on your Brexit, don't hold your breath. Britain could remain in the EU until at least 2019. That's according to the Sunday Times citing sources, it says, have been briefed by ministers. The report suggesting article 50 setting a motion of the UK's exit might not be triggered until late 2017.
00:00:21
One of the main reasons being cited is here in the heart of Britain's civil service is simply running behind schedule. I'm Reuters reporter Jacob Greaves where here after Britain's EU Referendum Theresa Mays set up two new departments. One to deal specifically with Brexit, the other any new trade negotiations.
00:00:40
And what we're hearing is both are significantly understaffed. And right now it's not even all that clear where their offices will be based. Rumors have been circulating around Westminster that some Brexit Department meetings have been taking place in a nearby Starbucks. That's been denied, but as for delays the official response is less forthcoming.
00:01:01
On Monday, Reuter's put it to Downing Street that a later date might be being mulled. The Prime Minister's Press Secretary replying that article 50 won't be triggered before the end of 2016. And that Theresa May will confront the task with the full weight of the machinery of government behind it.
00:01:19
That's what conservative party Brexiteers will want to hear. But equally 2017 is already looking cluttered on the EU circuit. Germany and France holding key domestic elections that will distract their diplomats. European leaders are pushing for a speedy settlement but behind closed doors there's concern that the two year timeline article 50 triggers might now be enough.
00:01:42
Right now Theresa May is in the Swiss alps on a walking holiday but a tight rope awaits her back in the UK. Pressing the Brexit button before her leave, MP's loose faith. But at the same time ensuring the right plan and people are in place.