UPDATE 1-Brexit forever? Britain keeps the world waiting for EU divorce papers

Fri Sep 23, 2016 10:04am EDT
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* Little clarity seen on Brexit

* May says Britain will get "right deal" on trade

* Investors seek reassurances from government (Adds comment from Mohamed El-Erian)

By Guy Faulconbridge

LONDON, Sept 23 (Reuters) - If investors hoped for one thing after Britain's shock vote to leave the European Union, it was clarity. But there is little.

Britain has so far been clear about what will not happen: Prime Minister Theresa May has repeated that the formal divorce notification will not be sent before the end of the year and that Britain will not get a bad deal.

"We will be getting the right deal for the United Kingdom and that is the right deal in terms of trade in goods," May told the chiefs of Wall Street and major U.S. companies such as Citigroup and Amazon in New York this week.

During her trip, May said the EU divorce filing would take a few months of preparation, was clear that Brexit would happen and sought to reassure the world that Britain was not turning away from the world.

Investors ranging from London-based banks and Wall Street to Japanese carmakers and small British businesses have repeatedly asked for reassurances from the British government over what Brexit will mean for them and when.   Continued...