Prime minister to tell CBI she wants transition deal in which existing market rules continue, while Labour leader will criticise ‘chaos and confusion’

Theresa May will promise business leaders a Brexit transition period with existing rules, when she and Jeremy Corbyn outline their competing visions on Monday of how they would minimise the economic uncertainty of leaving the EU.

The prime minister and the Labour leader are due to address the CBI conference in London on Monday, with speeches focusing on Brexit and the wider economic picture.

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