Conservative Party to present election manifesto on Thursday - PM May
UK may still pay to access specific EU programmes but vast contributions will end - May
British Prime Minister Theresa May said on Thursday that the days of Britain making vast annual contributions to the European Union will end, but there may be some specific EU programmes in which Britain would want to participate after Brexit.
In a list of policy pledges ahead of a June 8 election, May said it might be necessary for Britain to make a contribution for access to those specific programmes.
May also said she believed it was necessary to agree the terms of Britain's future partnership with the EU within the two years allowed under the Article 50 process, the formal mechanism for leaving the bloc.
Conservatives aiming to end budget deficit by mid-2020s
British Prime Minister Theresa May will aim to balance the country's budget deficit by the middle of the next decade, according to a manifesto document listing her Conservative Party's policy proposals ahead of a June 8 national election.
The document said the Conservatives would stick with the existing fiscal plans of finance minister Philip Hammond who has said he will aim to bring down the deficit to 0.7 percent of gross domestic product by 2021/22 before wiping it out as quickly as possible after that.
Scotland should not hold independence referendum until Brexit has played out - May
British Prime Minister Theresa May said on Thursday that now was not the time for another Scottish independence referendum and one should not take place until the Brexit process has played out.
In a list of policy pledges ahead of a June 8 election, May said a new referendum on Scottish independence should not take place without public consent for it.
Conservatives aiming to tighten M&A rules
British Prime Minister Theresa May said she would tighten laws on company takeovers and would ensure any foreign group buying important infrastructure did not undermine security or essential services if she wins next month's national election.
"We will require bidders to be clear about their intentions from the outset of the bid process; that all promises and undertakings made in the course of takeover bids can be legally enforced afterwards; and that the government can require a bid to be paused to allow greater scrutiny," May's Conservative Party said in its election policy document on Thursday.
May thinks no Brexit deal better than bad deal - election document
British Prime Minister Theresa May continues to believe that no Brexit deal would be better than a bad deal, according to her Conservative Party's pitch to voters ahead of the June 8 election published on Thursday.
The election document also said the Conservatives "do not believe in untrammeled free markets" as it set out plans to cap rising energy costs for consumers.
May had shocked the world of politics and financial markets with a speech in January that said no Brexit deal would be better than a bad deal - effectively acknowledging that Britain could resort to World Trade Organization rules for trade.
May pledges to switch from triple to double lock for pensions in 2020
Prime Minister Theresa May said on Thursday that when the current triple lock system governing the rates of state pensions expires in 2020, a new double lock system will be introduced instead.
In a list of policy pledges ahead of a June 8 election, May said the double lock would mean pensions would rise in line with earnings or inflation, whichever was highest.