May drops plan for new Brexit vote before local elections – Financial Times
|Early on Friday, Financial Times came out with a news report that confirms previous speculations that the UK Prime Minister Theresa May won’t risk putting her Brexit proposal for a vote in the parliament anytime soon.
The news report said, Theresa May has dropped a plan to try to secure parliamentary approval for her moribund EU withdrawal agreement before next week’s local elections, as hopes fade for any cross-party accord with Labour on Brexit.
The prime minister wants to ask MPs to vote on legislation to approve Britain’s exit from the EU, but the withdrawal agreement bill was not included in next week’s business for the House of Commons because of fears it would face certain defeat, the FT further said.
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.