Leaked speech shows UK's May warned of Brexit damage

2016-10-26 12:33
New British Prime Minister Theresa May speaks to the media outside her official residence, 10 Downing Street in London. (Kirsty Wigglesworth, AP)

New British Prime Minister Theresa May speaks to the media outside her official residence, 10 Downing Street in London. (Kirsty Wigglesworth, AP)

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London - A leaked recording of a speech by Theresa May sheds some light on the depth of the prime minister's opposition to taking Britain out of the European Union before the referendum earlier this year.

May was Home Secretary at the time of the speech to investment bankers at Goldman Sachs. It was delivered in May, less than one month before the historic Brexit referendum vote in favour of leaving the EU.

READ: Boris Johnson's pro-EU column is published for first time

She had publicly opposed Brexit but was criticised for not being more vocal about her position.

In the recording, published on Wednesday by the Guardian, May told bankers she believed Britain reaped "significant" benefits from being part of the European single market, with its 500 million people.

She warned firms might leave Britain if it was no longer part of the 28-nation bloc.

May later changed her view.

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Read more on:    theresa may  |  uk  |  brexit
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