FIRST AIRED: March 30, 2017

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Transcript

00:00:01
>> The notification from Prime Minister Theresa May triggering Article 50.>> Brexit is triggered. Now attention turns to what happens next. A day after Prime Minister Theresa May launched the formal divorce process from the Brussels club, the British government is to set out it's plans for converting the EU laws into domestic law.
00:00:22
>> The government acts on the democratic will of the British people.>> The government says the great repeal bill will give businesses, workers and consumers certainty they need. Brexit minister David Davis states the white paper will end the supremacy of lawmakers in Brussels, and provide a legal framework for firms to be able to plan.
00:00:43
A relief perhaps for companies who've been struggling to look ahead without knowing the next step. Forcing them to put investment programs on hold, and sometimes delaying major infrastructure projects. By converting the body of EU law into British legislation, May's government now hopes to ease their concerns. Offering that, quote, wherever practical, the same rules and laws will apply after exit day.
00:01:07
The government also addressing uncertainty around the status of EU nationals in Britain. May says a bill will be brought forward in Parliament in due course.>> One of the things I want to be able to do is to give them reassurance about their future. But I only want to do that when I know that those UK citizens who've moved over to countries in the European Union are also going to have that reassurance and those guarantees.
00:01:31
>> In the same BBC interview, May rejected speculation of a divorce fee from the EU, saying there isn't a formal demand, with negotiations yet to start. Now the prime minister has two years to work out the terms of the divorce before it comes into effect in late march 2019.