Mansion House speech

PM’s credibility in tatters after dishonestly promising to pay for NHS spending partly via a “Brexit dividend” that doesn’t exist.

In speech PM said she sees state aid and competition rules “remaining in step” with EU. This means Commission control, policed by ECJ.

PM suggests she’ll “negotiate with the EU” the UK’s new migration rules. It’s admission she won’t take back control of key referendum issue.

May’s Mansion House speech and Trump’s threat of a trade war made last week a bad one for Brexit Britain’s trade vision.