Analysts at ING points out that in the UK today, a motion of no confidence in the government will be voted on at 7 pm GMT on Wednesday after the historic defeat on Theresa May’s Brexit deal.
Key Quotes
“If this no-confidence motion is to succeed, it would require a handful of Conservative or Democratic Unionist Party (DUP) MPs to get behind it. So far, the DUP have indicated they would support the government in this scenario, and it seems unlikely that many Conservative MPs would vote their own party out of government. So as things stand, the no-confidence motion is likely to fail.”
“Importantly though, there’s nothing stopping Jeremy Corbyn putting forward confidence motions again over the coming weeks.”
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