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Market Overview
UK Parliament to Vote on Withdrawal Agreement Bill in June
British
Prime Minister Theresa May is planning to take the withdrawal agreement bill to
MPs to vote on at the beginning of June. According to Downing Street, this plan
will go through even if Labour and the government fail to reach a deal until
then.
Talks
between the two parties have been in motion for the last seven weeks and
according to Brexit Secretary Steve Barclay “both sides are clear on the
position of the other party and it is now time for members of parliament to
deliver on the referendum result, to have a vote in parliament on the
withdrawal agreement bill and enable the country to move forward.”
By bringing
the EU withdrawal agreement bill to parliament in the week beginning June 3,
the Prime Minister will have a chance to deliver on her Brexit deal before the
summer.
The deal
has already been rejected by the House of Commons three times and MPs have
failed to agree on an alternative way of moving forward.
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