UK PM candidate Leadsom: Brexit on Oct. 31 is my "hard red line"

Andrea Leadsom, one of the candidates vying to replace British Prime Minister Theresa May, said on Tuesday she would seek a managed Brexit but that leaving the European Union on Oct. 31 was a hard, red line.

"Leaving the EU on the 31st of October is, for me, a hard red line," Leadsom said as she launched her campaign. "The next prime minister must have a clear plan to a managed exit by the end of October."

Leadsom said she would ramp up preparations for Brexit and that her "managed exit" would bring minimal disruption.