Brexit is top priority when British Cabinet meets at PM May's Chequers country home

British Prime Minister Theresa May speaks at a press conference after meeting Slovak Prime Minister Robert Fico in Bratislava on July 28. PHOTO: AFP

LONDON (BLOOMBERG) - British Prime Minister Theresa May is meeting her Cabinet on Wednesday (Aug 31) to discuss plans for leaving the European Union, along with steps to end economic disparity and support companies that will fuel expansion, her office said.

The meeting, to be held at the Prime Minister's Chequers country home, will be the first opportunity since the summer break for Mrs May and the Cabinet to discuss the next steps in the negotiation to leave the EU, according to a statement.

"Top of the in-tray will be getting on with making a success of Brexit," according to a statement on Sunday from her office.

Mrs May's government is considering when to start the formal process to exit the 28-nation bloc. The EU has said talks won't begin until Britain declares its intention to leave.

German Deputy Foreign Minister Michael Roth on Saturday said Germany is hopeful that Mrs May will "send us the letter soon" so that Brexit discussions can get under way, acknowledging that there is "no blueprint in the drawer" on a way forward.

Mrs May's team as recently as mid-August was still leaning towards beginning the formal two-year process in the first months of 2017.

All Cabinet secretaries were directed by the Prime Minister before the summer break to identify possible opportunities from Brexit for their ministries.

The Chequers meeting will also cover social and industrial issues, including Mrs May's plan to boost the nation's ability to "turn scientific discoveries into world-beating companies".

On Thursday, she will lead the first meeting of a social reform committee, with housing and racial disparity to be discussed, her office said.

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