Market news
21.10.2019, 11:00

UK: Another voting – TDS

Analysts TD Securities note UK Parliament did not approve Boris Johnson's new Withdrawal Agreement at its special Saturday sitting, as they expected.

  • “The Prime Minister has now requested an extension to 31 January 2020, and the EU will take their time to respond. The government hopes to hold another "Meaningful Vote" later today (after 4pm BST) but could be unsuccessful in its bid, in which case it will table the Brexit legislation today and hold a vote on it tomorrow, which is sure to go ahead. Key to tomorrow's vote will be amendments such as a second referendum, customs union, etc. A "clean", unamended vote on the deal would likely now pass Parliament by a slim margin."

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