UK Lawmakers Still Dislike May’s BREXIT Deal

UK Lawmakers Still Dislike May’s BREXIT Deal

The Latest on BREXIT

British Prime Minister Theresa May has suffered an embarrassing Parliamentary defeat on BREXIT, as lawmakers remain resistant to her EU exit plan.

The House of Commons voted 303 to 258 Thursday against a motion reiterating support for Mrs. May’s approach to BREXIT support expressed by lawmakers in votes just 2 weeks ago.

The defeat is symbolic rather than binding stresses how weak her hand is as she tries to secure changes to her divorce deal from the EU in order to win backing for it in Parliament.

The government was defeated when the members of a pro-BREXIT faction in the governing Conservatives, the European Research Group, abstained because they feel the government is effectively ruling out the threat of leaving the EU without a deal.

Mrs. May is struggling with little sign of success to win backing for her deal from both pro-BREXIT and pro-EU lawmakers in Parliament, which rejected the agreement by 230 votes last month.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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