UK: Labour puts May in tough spot as it backs amendment to keep UK in customs union - The Telegraph
In a recently published article, The Guardian reported that Labour would support the amendment offered by rebel Tory MPs to keep Britain remains in a customs union after Brexit.
"The prime minister’s Brexit plans could be thrown into further disarray with two more pro-EU government ministers understood to be considering quitting their roles in order to back the move on Tuesday," The Guardian said and quoted a senior Labour source saying:
“We saw yesterday there is no majority for May’s Chequers’ agreement. But there is a majority for a customs union. Today parliament has the chance to change the course of the Brexit negotiations, protect jobs and the economy. Fingers crossed the Lib Dems turn up.”
Author
Eren Sengezer
FXStreet
As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.
