Brexit progress, or there lack of: Britain would permanently regret leaving
|There have not been market moving headlines from the weekend, but to touch on Brexit, the clock is ticking and all ears are to the ground for glimmers of progress. Reuters have run a story which cites business minister Greg Clark saying in a newspaper interview on Saturday that Britain would permanently regret leaving the European Union without a deal, and how parliament needs to reach a decision to stop this in the next two weeks.
May had promised another Brexit vote by Feb. 14, but there is nothing new to vote on, so far. She spoke earlier saying that she is looking for a "pragmatic solution" to the parliamentary stalemate on Brexit while seeking
renewed negations with the EU.
With respect to the backstop, in the Telegraph, she said:
"When I return to Brussels I will be battling for Britain and Northern Ireland, I will be armed with a fresh mandate, new ideas and a renewed determination to agree a pragmatic solution that delivers the Brexit the British people voted for."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.