UK PM May: A no deal is better than a 'bad deal'

British Prime Minister Theresa May is now delivering a prepared statement on the latest Brexit talks at the Salzburg summit.

Key quotes

• Despite the progress, there are two big issues remaining.
• The EU is still only offering us two options on the economic relationship.
  • Offer no. one on economic relationship would mean we abide by all EU rules, would make mockery of Brexit vote.
• A no deal is better than a 'bad deal.'
• Tusk didn't make a counterproposal.
• Uncontrolled immigration would continue, we wouldn't be able to do trade deals with other countries on EU option, mockery of Brexit vote.
• Northern Ireland would effectively remain in customs union under EU proposals, that is even worse, parliament has rejected this idea.
• Anything which fails to respect the referendum and effectively divides our country in two would be a bad deal.