All eyes were on the British parliament in London last night, as MPs voted on eight different Brexit Options, all of which were rejected.
The one vote that was closer to a yes was that of a proposal to keep the U.K. in a customs union with the EU. The vote came to 272 against 264. This could be the starting point for further negotiations between lawmakers, who will return to parliament again on Monday for another round of votes.
Today’s agenda is that Theresa May, whose promise to step down as prime minister if MPs backed her Brexit deal was shot down, must decide if she will “bring her deal back for another vote and meet the EU’s Friday deadline for getting it passed,” according to Bloomberg.
The deadlock has now shown people that a deal is the only serious option, a member of the government said. “What we have seen today is Parliament does not have an option apart from the prime minister’s deal that is really a viable option for the future,” she said.
If May does not manage to get her deal through the House of Commons by Friday, the options left for the U.K. may be a long delay of Brexit or leaving the EU without a deal on April 12.
Analysis and opinions provided herein are intended solely for informational and educational purposes and don't represent a recommendation or an investment advice by TeleTrade. Indiscriminate reliance on illustrative or informational materials may lead to losses.
© 2000-2020. All rights reserved.
This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at firstname.lastname@example.org.