Theresa May offers MPs stripped-down Brexit deal in third vote in parliament
In a last-ditch attempt to get her EU divorce deal through the House of Commons the British Prime Minister will put forward a stripped-down version of her withdrawal agreement on Friday in the hope of breaking the Brexit deadlock.
Theresa May will offer MPs in parliament a stripped-down version of her Brexit deal on Friday in the hope of getting her divorce deal passed and finally breaking the Brexit deadlock.
This will be the third time that British lawmakers will vote on May’s EU withdrawal agreement, with MPs defeating her deal in two earlier votes by a significant margin.
Nigel Farage leads ‘Brexit Betrayal’ march
While MPs in parliament cast their votes on May’s Brexit deal, thousands of people will descend on Westminster in protest as part of the ‘Brexit Betrayal’ march, led by prominent Brexiteer, Nigel Farage.
Pro-Brexit protestors are angered by May’s decision to delay Brexit beyond the original March 29 deadline until April 12, with the possibility of pushing the UK's exit back as far as May 22 if she is unable to get her withdrawal agreement passed on Friday.
Theresa May offers her job to get Brexit deal done
On Wednesday, the prime minister said that she would step down if MPs supported her Brexit deal in the House of Commons, but even that has failed to galvanise members of her Conservative party who argue that the divorce bill leaves the UK tied to the EU indefinitely.
If May is unable to get her deal passed, the path ahead for Brexit remains unclear, with MPs failing to reach a majority on any of the indicative votes held on a range of alternative options, including a much softer exit from the EU to bailing out of the bloc without a deal.
This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.
Be ready to act on ECB opportunities
Learn how the ECB’s monetary policy announcements affect interest rates and price stability ahead of its next meeting in 12 December 2024.
- How might the next meeting affect the markets?
- What are the key rate decisions to watch?
- Why is the Governing Council announcement important for traders?
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
