May Says U.K., EU at an `Impasse,' Repeats No-Deal Warning

The transcript discusses the challenges in negotiations between the UK and the EU, focusing on two main issues: the economic relationship and the Northern Ireland border. The UK rejects the EU's two options and proposes a third option for frictionless trade. The importance of a backstop to prevent a hard border is emphasized, but the UK insists on maintaining its integrity. The UK reassures EU citizens of their rights and prepares for a no-deal scenario. The commitment to the referendum result is reiterated, urging the EU for serious engagement.

What does the speaker mean by 'no deal is better than a bad deal'?

How does the speaker plan to protect the rights of EU citizens living in the UK in the event of no deal?

What does the speaker say about the legitimacy of the referendum result?