British Prime Minister Theresa May seeks to allay fears about 'hard' Brexit

London, United KingdomUpdated: Jan 09, 2017, 01:24 PM IST

Days before her comments, the UK's ambassador to EU had quit over 'muddled thinking' about Brexit. Photograph:(Getty)

British Prime Minister Theresa May said on Monday it was wrong to say she was talking about a "hard Brexit", after the pound fell to two-month lows following an interview she gave on Sunday.

The pound dropped after traders felt May had indicated during the interview that Britain would dramatically rework trade ties with the EU after Brexit.

Asked if her comments had been interpreted wrongly, May said: "I'm tempted to say that the people who are getting it wrong are those who print things saying I`m talking about a hard Brexit, (that) it is absolutely inevitable there`s a hard Brexit."

"I don`t accept the terms hard and soft Brexit. What we're doing is going to get an ambitious, good and best possible deal for the United Kingdom in terms of ... trading with and operating within the single European market," she added.