Home Brexit vote follow up statement and comments from PM May and Tusk
FXStreet News

Brexit vote follow up statement and comments from PM May and Tusk

  • Breaking: UK Lawmakers voted against PM May’s Brexit deal as 242 vs 391 – ‘The Noes’ have it!

UK PM May:

  • Can confirm we will have a free vote on this side of the house.
  • Believes there is a majority to leave with a deal.

UK PM May adds:

  • If house declines to approve leaving without a deal, will hold vote on Thursday on extension of article 50
  • If house votes to leave without a deal, it will be the policy of the govt to implement that decision;
  • If the House votes for an extension, the govt will seek to agree it with the EU;
  • EU will want to know what we want to do with an extension;
  • Says no-deal remains default unless deal ratified;
  • Says voting against leaving without a deal and for an extension does not solve the problem;
  • Says house will have to answer if it wants to revoke article 50 or have a second referendum.

 EU’s Tusk spokesman:

UK house of commons vote ‘significantly increased’ the likelihood of a no-deal Brexit;
EU to decide by unanimity on any UK request to delay Brexit and will expect credible justification for any Brexit delay.

  • GBP/USD rises modestly after UK Parliament rejects May’s Brexit deal

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.