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UK: Focus on voting today – TDS

According to analysts at TD Securities, the next attempt at the “Meaningful Vote” for the UK will take place at 2:30pm GMT Friday.

Key Quotes

“The government is separating the Withdrawal Agreement out from the Political Declaration (so it is not quite as “meaningful”), and if the WA is passed, then Brexit day will be 22 May in accordance with the Article 50 extension agreement signed off with the EU last week.”

“Both Labour and the DUP have come out against the vote, so unless something changes before 2:30pm Friday (and don’t rule that out completely), then the vote looks certain to fail. That turns focus to Monday’s “round 2″ of Indicative Votes, where it’s hoped that a majority of MPs will support a single way forward (such as a Customs Union). Should that too fail, an election looks increasingly necessary to break the Westminster logjam.”

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