Theresa May Brexit speech as it happened: PM warns European values will be crushed into tiny pieces if EU tries to punish Britain

PM outlines a '12-point' strategy

Theresa May: 'I want be clear, what I am proposing cannot mean access to the single market'

Theresa May has delivered her much-anticipated speech on Brexit. Here are the latest updates and reaction:

• PM warns European values will be crushed into tiny pieces
• UK to leave single market, PM announces
• Theresa May confirms Parliament will have final vote on Brexit deal
• But says UK will leave EU regardless of vote
• Pound sterling jumps as May talks of building 'outward looking' Britain
• Theresa May: Britain will not remain full member of EU customs union
• Poll: Most people back either staying in the EU or soft Brexit
• Carney: Bank saved 250,000 jobs by cutting rates after referendum
• Follow the latest updates on the liveblog below

She told those gathered at Lancaster House that she did not want an outcome which left the UK “half-in, half-out” of the European Union. Extracts released by Downing Street in advance of the much-awaited address are likely to fuel speculation that the Prime Minister is ready to take Britain out of the European single market and customs union, though it remained unclear whether she will give a definitive answer on the question.

Downing Street had said Ms May would set out 12 negotiating priorities for the upcoming EU withdrawal talks, driven by the principles of certainty and clarity and the aims to make Britain stronger, fairer and “truly global”.

Ms May said: “I want this United Kingdom to emerge from this period of change stronger, fairer, more united and more outward-looking than ever before.

“I want us to be a secure, prosperous, tolerant country - a magnet for international talent and a home to the pioneers and innovators who will shape the world ahead.

“I want us to be a truly Global Britain - the best friend and neighbour to our European partners, but a country that reaches beyond the borders of Europe too.

“A country that gets out into the world to build relationships with old friends and new allies alike.

“I want Britain to be what we have the potential and ambition to be: a great, global trading nation that is respected around the world and strong, confident and united at home.”

[17 January 2017 11:54 · Kristin Hugo]

[17 January 2017 11:56 · Kristin Hugo]

She says the unravelling of the EU is not in Britain's interests - and that she hopes it success. 

"Many in Britain have always felt the UKs place in the EU came at the expense of our global ties... unlike other EU countries we have no written constitution. 

"We have little history of coalition government... "

She says supranational organisations sit very uneasily with the British people. 

"David Cameron's negotiations was a valiant, final attempt to make the EU work for Britain.. but the blunt truth was there was not enough flexibility."

[17 January 2017 11:59 · Kristin Hugo]

She says the vote to leave the EU represents no desire to do harm to the EU or any member states. "We do not want to turn the clocks back to when Europe was less safe"

"We will continue to be reliable partners, willing allies and close friends... you will still be welcome in this country..."

"We are leaving the EU but we are not leaving Europe," May adds. 

[17 January 2017 12:00 · Kristin Hugo]

Theresa May is now outlining objectives...

... we will provide as much clarity as we can at every stage..

1. we will provide certainty whenever we can. 

[17 January 2017 12:02 · Kristin Hugo]

BREAKING: Theresa May will put a final deal on EU exit

to the Commons

[17 January 2017 12:03 · Kristin Hugo]

[17 January 2017 12:03 · Kristin Hugo]

[17 January 2017 12:04 · Kristin Hugo]

[17 January 2017 12:04 · Kristin Hugo]

[17 January 2017 12:07 · Kristin Hugo]