Imperfect panacea

摘要

BRITAIN is running out of time to finish negotiations before it is due to leave the European Union on March 29th 2019. Theresa May insisted in Parliament this week that the recent eu summit had made important progress. Yet the start of talks on a framework for future trade may not happen until after December. Hence a favourite idea for averting a "cliff-edge" Brexit: transition. This week Britain's five biggest business lobbies demanded the government seek early agreement on a transitional deal to form a bridge between Brexit and a new trading arrangement.