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UK Parliament: Motion of no confidence - live stream - Jan. 16

After the Parliament voted down British Prime Minister Theresa May's Brexit deal on Tuesday, the opposition Labour Party tabled a no confidence in the government. If PM May loses the vote, there could be a general election in the UK. The vote is expected to be held at around 19:00 GMT.

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About no confidence motion (via paliament.uk)

It is a core convention of the UK constitution that the Government must be able to command the confidence of the House of Commons.

The traditional position was that a Government that lost a confidence vote would resign in favour of an alternative administration, or the Prime Minister would request a dissolution from the Queen, triggering a general election. However, the Fixed-term Parliaments Act 2011 removed the prerogative power to dissolve Parliament, giving a limited power to do so instead to the House of Commons. Under the Act there are two ‘triggers’ by which the Commons can bring about an early election: one is a simple vote carried by 2/3rds of its total membership; the other is via a motion of no confidence.

Author

Eren Sengezer

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.

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