UK PM May Might Seek More Time Before Final BREXIT Vote

UK PM May Might Seek More Time Before Final BREXIT Vote

 British Prime Minister Theresa May might again push back a final vote in parliament on her BREXIT deal, less than 3 months before the country is due to leave the EU on 29 March.

The Sunday Telegraph said PM May’s aides were believed to be drawing up a plan to make approval of the deal by members of Parliament conditional on the European Union providing further concessions.

The newspaper said the move was intended to help limit the scale of opposition in parliament to her plan while allowing more time for negotiations to continue with EU leaders.

Mrs. May was forced to postpone a Key vote in December on the BREXIT plan she has agreed with other EU leaders in the face of strong opposition from within her Conservative Party and other groups in Parliament.

The vote has been rescheduled for the week starting 14 January after a debate which is scheduled to begin in the coming week.

Britain is due to leave the EU on 29 March, and Mrs. May’s inability so far to get her deal through Parliament has alarmed business leaders and investors who fear that the country is heading for an economically damaging no-deal BREXIT.

Mrs. May renewed her warnings about the possible consequences of parliament not backing her plan, telling reporters that jobs were at stake and lawmakers would be putting democracy at risk if they did not deliver on the outcome of a the 2016 referendum that backed leaving the EU.

The Sunday Times said lawmakers, including some from Mrs. May’s Conservatives, would try to thwart a no-deal BREXIT by proposing that the finance ministry lose its emergency funding powers if Parliament did not agree to Britain leaving the bloc without an agreement.

Stay tuned…

The following two tabs change content below.

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.

You must be logged in to post comments :