In an attempt to symbolise the UK's outward-facing aspirations, May spoke before an audience of British civil servants and global diplomats at London's Lancaster House, a Georgian mansion that has hosted worldwide summits.
"Considering how sharp the pound's fall was this Monday it may have a bit of room to recover on Tuesday", said Connor Campbell, an analyst at Spreadex, in a market update. But the currency is still worth roughly 17 per cent less than it was before the referendum.
A majority of Britons voted to leave the 28-member bloc at a historic referendum in June over issues including sovereignty and immigration.
These were the main aims of Brexit, outlined by British PM Theresa May in a long-expected speech on the future of Great Britain and the EU. "After the welcome tone of today's speech, it is not hard Brexit, it's full Brexit".
"If we have no access to the European market, if we are closed off, if Britain were to leave the European Union without an agreement on market access, then we could suffer from economic damage at least in the short-term", he said.
Philip Hammond was quoted on Sunday as saying the country could change its economic model to regain competitiveness if it were to leave the European Union without an agreement on access to the single market. May said she wants the "the greatest possible access to [the single market] through a new, comprehensive, bold and ambitious Free Trade Agreement".
May has promised to trigger Article 50 by the end of March, and said she was confident that final settlements could be negotiated within the two-year timeframe.
In her first significant Brexit speech at Lancaster House on Tuesday, Mrs May spelt out that Britain is not seeking "partial membership of the European Union, associate membership of the European Union, or anything that leaves us half-in, half-out".
In summation, the twelfth negotiation proposal is for a smooth, orderly Brexit.
"Ireland's key priorities remain: economy and trade, common travel area, Northern Ireland (peace process) and the future of Europe".
In her conclusion, May emphasized the need for a strong, unified nation.
"So we will get control of the number of people coming to Britain from the European Union". But that deal necessarily needs to be inferior to membership, ' he said.
European Union leader Donald Tusk tweeted after the speech: "Sad process, surrealistic times but at least more realistic announcement on #Brexit".
Opposition Labour leader Jeremy Corbyn told BBC television that the government's plans seemed like an unwise "recipe for some kind of trade war with Europe".
"I want to be clear: What I am proposing can not mean membership of the single market", May told her audience at Lancaster House in London. "That doesn't really seem to me a very sensible way forward", he said.
Lib Dem leader Tim Farron delivered a damning verdict on May's speech, branding it "a mixture of vague fantasies and toothless threats to our nearest neighbours".
He added: "It should also be remembered that public angst over immigration was one of the core drivers for Brexit and so it is no surprise that Prime Minister May is responding directly to this".
"After all, at the beginning of negotiations, both parties should start from a position of strength and with a degree of bluff, which is exactly what Theresa May did in her speech", Harris added.
Brian Cave from France criticised May for not using the speech to guarantee the rights of European Union citizens living in the United Kingdom which would ensure the status of British citizens living in the EU.
Payet reportedly wants to return to his native France, to play for the fabulously wealthy Marseilles FC, because he is "homesick". West Ham will be looking to end a run of three straight defeats when they play host to struggling Crystal Palace on Saturday.
The fitness fanatic has stripped down to a slinky leotard to show off her killer figure in a string of smokin' hot images. Meanwhile, Khloe previously revealed she used the gym as a "stress reliever" after her split from Lamar .
King's dream and share in this great day with the residents of Columbus who attend and support this event each year". On behalf of IUPUC, she adds, "We look forward to the opportunity hear from students who are now living Dr.
"The Obama administration's decision to "ease" sanctions is inexplicable ", said Leslie Lefkow of Human Rights Watch. The country's long-time leader President Omar al-Bashir is wanted by the International Criminal Court for War Crimes.
The latest voting intention polls in France now show her narrowly leading the first round of the presidential race . Trump transition spokeswoman Hope Hicks told a pool reporter Le Pan was "not meeting with anyone from our team".
As of Tuesday, she was en route to Rhode Island, after waiving extradition and being arraigned in Houston, police said. Two children reported missing in 1985 have been located in the Houston area, according to Rhode Island State Police.
She met his parents at a school open house and was introduced to them as his girlfriend when she met them again at his home. However, she reportedly chose to abort the baby when authorities began to ask questions, according to court documents.
We've got a situation where billionaires are paying (proportionally) less tax often than their cleaner or their secretary. Obscenely rich, if a new report by Oxfam, an worldwide confederation of charitable organisations, is to be believed.
The ministry says the addition of Arrow-3 will "significantly reduce" the possibility of ballistic missiles hitting Israel. The new interceptor offers longer-range, higher-altitude (exo-atmospheric) and more precise ballistic missile engagements.
A £1,000 immigration "skills charge" is being brought in this April for firms recruiting workers from outside the EU. The government has set a goal of reducing net immigration to Britain below 100,000 people a year.
With plenty of points to be won and lost, the title race is still very much on and Arsenal will be confident of bridging the gap. Defensively, Arsenal have improved since Shkodran Mustafi joined the club in the summer but there is still room for improvement.
Production-ready Infiniti QX50 SUV unveiled
The HMI displays the engine's current status as it intelligently chooses appropriate levels of performance and high efficiency. The seats feature an ergonomic hexagon motif, while promising maximum back and shoulder support for occupants.