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British Prime Minister Theresa May officially announces that the United Kingdom will leave the European Single Market, emphasizing the country's desire for full control over immigration from the EU. Chancellor Phillip Hammond confirms the decision, stating that the UK will no longer be part of the single market after Brexit is finalized. This move sets the stage for negotiations and defines the UK's position as it seeks a new relationship with the European Union, prioritizing sovereignty over market integration.
Wednesday, 18 January, 2017