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Theresa May triggers Brexit with warning of consequences for UK
Theresa May has told parliament that she accepts Brexit will carry consequences for the United Kingdom, as a letter delivered to Brussels began a two year countdown to Britain’s departure from the European Union.
The UK prime minister took to her feet minutes after the European council president, Donald Tusk, confirmed that he had received notification, declaring that “the UK has delivered Brexit” nine months after a bruising referendum campaign.
“We understand that there will be consequences for the UK of leaving the EU. We know that we will lose influence over the rules that affect the European economy. We know that UK companies that trade with the EU will have to align with rules agreed by institutions of which we are no longer a part, just as we do in other overseas markets. We accept that,” she said.