Here are five takeaways from British Prime Minister Theresa May’s highly anticipated speech on Brexit on Tuesday:Leaving the Single MarketMrs. May confirmed that the U.K. intends to give up its membership of Europe’s single market, which permits the tariff-free movement of goods and services throughout the 28-member nations of the European Union. She repeatedly has said she wants to control immigration from Europe and remove the U.K. from the jurisdiction of the European Court of Justice—steps that the EU says are...

Source: Wall Street Journal January 17, 2017 19:20 UTC