UK wants 'good faith' clause in Brexit transition deal

Press quote (Financial Times)
25 January 2017

Charles Grant, director of the Centre for European Reform, a think-tank, said the transition deal could last from three to five years, rather than the two years touted by prime minister Theresa May, and that it would be conducted on the EU’s terms.“We have virtually no cards to play,” he said. “They know the business community is so desperate for a transition that we have to take a transition on the EU’s terms.”