According to reporting by Reuters, British lawmakers are affirming British business leaders that they are actively preparing for a bid to extend Article 50, pushing out the final Brexit date until a better deal can be found after PM May’s withdrawal agreement was soundly defeated in parliament today.
Key quotes
Finance minister Philip Hammond, business minister Greg Clark and Brexit minister Stephen Barclay said that a “backbench motion is being prepared now to delay Article 50,” a British corporate executive who was on the call told Reuters on condition of anonymity, adding that business leaders asked ministers about no-deal.
“They are doing a good job to try to appear to know what happens now, but no one knows,” the source said. “We will have to wait to see what the consensus-building in parliament does.”
Share
