News

Government's new deadline for passing Brexit deal is 2 July, says Lidington - The Guardian

  • The Guardian is reporting that Lidington says the government now hopes to get the Brexit agreement passed by Tuesday 2 July.

"That is when MEPs will take their seats in the newly-elected European parliament. Lidington says “ideally” British MEPs will not need to fall back. But, as a fallback, he says the agreement should “certainly” be passed by the summer recess. The date for the start of the summer recess has not been announced yet, but normally it is in mid/late July,"

the article reads. 

However, Prime minister has failed to reach a cross-party Brexit deal in time to avoid UK taking part in poll and the government has made a formal statement conceding that was now impossible.

Government Statement:

“The PM deeply regrets that we haven’t left the EU on time, which was by 29 March, and that a consequence of that is that we will have to take part in the European elections,” May’s spokesman said. “She understands that many members of the public will feel great frustration at this. We now wish to see the withdrawal agreement introduced, and ratified by parliament, as soon as possible  and ideally before MEPs take their seats.”

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.