Theresa May dismisses threat of Brexit deal veto

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"We will be negotiating with them".

May, who says she will implement Brexit even though she argued against it before the vote, met Wall Street bankers and the heads of some of North America's biggest companies on Monday night in an attempt to reassure them on Brexit.

Theresa May, the Prime Minister of the United Kingdom, held private talks with major U.S. financial institutions, including banks on September 19 to understand the issues that the latter wants to be solved.

Still, May and her ministers admit they need to reassure investors from the United States, Japan, China and India that the United Kingdom and London, the only financial capital to rival NY, are still good places to make money. She will address the gathering on Tuesday.

It is now looking increasingly likely that passporting rights are going to be a huge issue of contention in any Brexit negotiations. "So we will go into these negotiations and we will be ambitious for the United Kingdom".

"Free movement is the only way that most such services - in construction, retail and so forth - can be traded, as construction workers and baristas cannot provide their services remotely", John Springford, senior research fellow at the Centre for European Reform was quoted by Bloomberg as saying in a report.

"The uncertainty around the outcome of any new arrangements mean that it is likely that some banks may choose to move some UK-based activities to the European Union before the UK's withdrawal negotiations are complete".

Prime Minister Theresa May is reportedly meeting with major USA multinationals and Wall Street firms, such as Goldman Sachs and Morgan Stanley, to address anxieties.

May is accompanied on the trip by her Indian-origin minister for global development Priti Patel and United Kingdom foreign secretary Boris Johnson. Asked about those comments, May gave a diplomatic answer.

"We all put things in different ways", she said.

Mrs May continued: "What Liam is doing is encouraging British businesses to export and that's an important part of his role as Secretary of State for International Trade".

Others, such as her finance minister Philip Hammond, as well as the banks themselves want to maintain access to the single market in some form.

Most EU Member States have agreed that Britain can't keep the trade ties and meet voters while proposing about limiting immigration. May refused to air her own views.

Jens Weidmann, signalling a tough line from Germany on the Brexit divorce talks to come, said Britain would need to be in the European Economic Area (EEA) to keep the so-called passporting rights that allow its banks to sell their services across the European Union.