Summary

  • May speaks about Brexit at Davos

  • Says UK to lead world on free trade

  • Audience is mainly business leaders

  • IMF's Lagarde warns UK of Brexit pain

  • UK to trigger EU exit talks by April

  1. Theresa May: I want a shared societypublished at 09:41 Greenwich Mean Time 19 January 2017

    Theresa May says her mission for the British government "is to build something that I've called the shared society" - that doesn't value just individual rights, but respects the bonds of family, citizenship and strong institutions.

    She says she wants to correct "the injustice and unfairness that divides us wherever it is found".

  2. May: People 'fearful' of globalisationpublished at 09:41 Greenwich Mean Time 19 January 2017

    Theresa May

    "Talk of greater globalisation can make people fearful. For many it means their jobs outsourced and their wages undercut," the British Prime Minister tells delegates at Davos.

    "It means having to sit back as they watch their communities change around them.

    "And in their minds, it means watching as those who prosper seem to play by a different set of rules, while for many life remains a struggle as they get buy, but don't necessarily get on."

  3. Watch: May wants 'bold free trade agreement'published at 09:40 Greenwich Mean Time 19 January 2017

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  4. Theresa May challenges businesspublished at 09:39 Greenwich Mean Time 19 January 2017

    Prime Minister Theresa May

    Hailing Britain as "open for business", Theresa May warns that there are some companies with a global reach that are playing by a different set of rules.

    The UK prime minister challenges business to ensure the benefits of economic success "are there for all our citizens".

    She says she's talked a great deal about Britain delivering higher standards of corporate governance, which means business paying its fair share of tax, recognising obligations to its employees and supply chains, and companies investing in and becoming part of the communities they work in.

  5. Theresa May: A strong Britain abroad makes a better Britain at homepublished at 09:38 Greenwich Mean Time 19 January 2017

    Theresa May says Britain has embarked on an ambitious programme of economic and social reform, that illustrates how a strong Britain abroad can be a better Britain at home.

    The UK prime minister says if governments are "to make the case for free markets, free trade and globalisation, as we must", they must also face up to and respond to those who fear that movement.

  6. May 'believes in NATO and IMF'published at 09:34 Greenwich Mean Time 19 January 2017

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  7. Watch: May on 'momentous change'published at 09:33 Greenwich Mean Time 19 January 2017

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  8. UK in trade talks with India and Australiapublished at 09:33 Greenwich Mean Time 19 January 2017

    BBC economics editor Kamal Ahmed writes

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  9. Theresa May: Britain will take control of its own destinypublished at 09:33 Greenwich Mean Time 19 January 2017

    Theresa May says post-Brexit, the UK will "become a confident country in control of our own destiny again".

    A global Britain "is no less British because we're a hub for foreign investment", she says. "Britain is no less British because it is home to people from around the world."

    The UK prime minister says that the UK is a "multi-racial, multi-ethnic and multi-faith country".

  10. Theresa May to EU: We haven't turned our back on youpublished at 09:32 Greenwich Mean Time 19 January 2017

    Theresa May says the British voted for Brexit to build "a truly global Britain".

    She concedes that the reasons behind that decision "are not well understood internatinally".

    She says "some of our European partners feel we've turned our back on them" and fear for the future of the EU.

    But she stresses that the decision to leave the EU "is no rejection of our friends in Europe", no attempt to become more distant from them or to cease cooperation or help, or to undermine the EU.

    She adds that it was was simply a vote to restore Britain's parliamentary democracy,"to take control for ourselves and to become more internationalist".

  11. Theresa May: UK stepping up to new world leadership rolepublished at 09:25 Greenwich Mean Time 19 January 2017

    Theresa May, British PM

    Theresa May begins her speech to the World Economic Forum by warning that the forces of free trade and globalisation that, she says,have harnessed unprecedented levels of wealth and opportunities and brought nations closer and broken down barriers "are at risk of being undermined".

    Blaming parties of the far left and far right for these sentiments, she said the UK was a country often at the forefront of social and economic change,  and was ready to step up to a new leadership role for free markets and free trade across the world.

  12. Theresa May begins her speechpublished at 09:21 Greenwich Mean Time 19 January 2017

    Theresa May

    Theresa May is beginning her speech to the Davos World Economic Forum.

  13. Pic: Stage set for Theresa May's speech in Davospublished at 09:16 Greenwich Mean Time 19 January 2017

    Theresa May
  14. Post-Brexit customs plan is 'unworkable'published at 09:04 Greenwich Mean Time 19 January 2017

    Former Taoiseach John Bruton says Prime Minister's plan for a post-Brexit customs deal will be "unworkable".

    Read More
  15. UK will stay 'financial lungs' of Europepublished at 09:03 Greenwich Mean Time 19 January 2017

    Barclays chief Jes Staley says he does not believe the financial centre of Europe will leave London.

    Read More
  16. Scotland's economy: Mind the gappublished at 09:03 Greenwich Mean Time 19 January 2017

    Poor job figures and sluggish growth point to deep-seated problems with the Scottish economy.

    Read More
  17. Theresa May: Scottish Remainers don't want independencepublished at 09:03 Greenwich Mean Time 19 January 2017

    The Times

    The prime minister has said she does not believe Scots who voted to remain in the EU want a second independence referendum.

    Writing in The Times, Theresa May said she does not believe their votes represent "a wish to separate Scotland" from the rest of the UK.

    It comes after First Minister Nicola Sturgeon said the prime minister's plan to take the UK out of the single market "undoubtedly" brings Scotland closer to a second referendum on independence.

    Mrs May said the Westminster government will work with the Scottish government and the other devolved administrations to "deliver a Brexit that works for the whole of the UK".

    She wrote:

    Quote Message

    While I respect the views of all those in Scotland who wanted the UK to remain in the EU, I do not believe that their votes represent a wish to separate Scotland from the rest of the United Kingdom or rerun the independence referendum."

  18. 'Hard Brexit would boost Singapore, HK, New York'published at 09:03 Greenwich Mean Time 19 January 2017

    Mayor of London, Sadiq Khan

    The Mayor of London Sadiq Khan is in Davos. Speaking about Brexit he said:

    "What's crucial is that we have privileged access to a single market. What's crucial is that we continue to attract talent.

    "Hard Brexit does London damage, does our country damage but the point I'm making to our European friends, businesses and political leaders is if businesses decide to leave London, they aren't going to Paris, Madrid or Frankfurt.

    "They'll be going to Hong Kong, Singapore or New York."

  19. Barclays boss: London will be 'financial lungs for Europe' post Brexitpublished at 09:03 Greenwich Mean Time 19 January 2017

    Jes Staley

    Jes Staley, CEO of Barclays, says he does not believe the European financial centre will leave the City of London.

    "I think the UK will continue to be the financial lungs for Europe," he told BBC Business Editor Simon Jack, while conceding that legal structures may have to change.

    "Barclays is the largest underwriter of European sovereign debt," Mr Staley said, adding that he thinks the EU will want to stay engaged with the UK.

    "The bulk of what we do will continue to occur in London," he said.

  20. Michael Gove: People offended by Boris' comments should 'get a life'published at 09:02 Greenwich Mean Time 19 January 2017

    Conservative former justice secretary tweets...

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