FIRST AIRED: October 2, 2016

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>> Brexit getting a little more real Sunday morning. UK Prime Minister Theresa May saying she will trigger the exit process by the end of March. Article 50 of the EU treatise will then give the UK two years to negotiate a deal. May, while speaking to the BBC ahead of the Conservative Party conference in Birmingham, Reuters political correspondent William James is there.
>> Yeah, Conservatives are still a divided party. The issue is not so much timing at the moment. And I think she will have gone a long way to relieving some of the hardcore Brexiteers' concerns about timing today. The issue is the terms of the deal. It still comes down to hard Brexit versus soft Brexit, and that's the balance between immigration and trade that is struck.
Hard Brexit would be border controls and a pretty loose trade deal, no concessions to the EU. Soft Brexit would be kind of a cozy deal where immigration is still allowed and trade is still much freer. On Sunday, May emphasized that she would heed calls for tough controls on immigration.
That may suggest she is leaning towards a hard Brexit. What's now more certain is the timetable for departure. By March 2019, the UK will be out.