|

Information

    Homepage   >     Industry    >     Main body

    Theresa May will hold new Brexit deal vote in last gamble of her premiership

    Abstract:The prime minister says she will hold a vote in June on key legislation to take Britain out of the EU.

      Theresa May risks her future on one last attempt on passing her Brexit deal.The vote on her Withdrawal Bill would need the support of the opposition Labour party to pass.However, Labour insist the prime minister must drop her red lines on the EU Customs union.The Democratic Unionist Party also say they will oppose the bill.The prime minister has already lost three votes on her deal.Visit Business Insider's home page for more stories.LONDON — Theresa May will hold a crucial vote on the legislation required to take Britain out of the EU, following talks with Labour party leader Jeremy Corbyn, in what could be her last act as prime minister.The prime minister said she would call the vote on her Withdrawal Bill in the first week of June in order to allow Brexit to take place by the time of Parliament's summer recess in July, whether or not she has secured an agreement with the opposition.In a statement on Tuesday evening, a Downing Street spokesperson said: “This evening the Prime Minister met the Leader of the Opposition in the House of Commons to make clear our determination to bring the talks to a conclusion and deliver on the referendum result to leave the EU.”“We will therefore be bringing forward the Withdrawal Agreement Bill in the week beginning the 3rd June.”It is imperative we do so then if the UK is to leave the EU before the summer Parliamentary recess.“The spokesperson added that while talks with Corbyn had been ”useful and constructive,“ discussions would need to continue in the coming days and weeks to ”ensure the safe passage of the Withdrawal Agreement Bill and the UK's swift exit from the EU.“Labour dismissed suggestions that they had signed up to support the bill however.A spokesperson for Jeremy Corbyn said that the Labour leader had doubts about the ”credibility“ of any offer made by the prime minister and suggested that Labour would not agree to back the deal without a clear shift in position by May.”The Labour leader set out the shadow cabinet's concerns about the Prime Minister's ability to deliver on any compromise agreement,“ they said.”In particular he raised doubts over the credibility of government commitments, following statements by Conservative MPs and Cabinet Ministers seeking to replace the Prime Minister.They added that there needed to be “further movement from the government, including on entrenchment of any commitments.”The Democratic Unionist Party, which props up May's minority government, also signaled that they would oppose the bill.“If the Prime Minister brings the Withdrawal bill to the Commons for a vote the question will be ”what has changed?“ The DUP's leader in Westminster, Nigel Dodds MP, said.”Unless she can demonstrate something new that addresses the problem of the backstop then it is highly likely her deal will go down to defeat once again.“Corbyn reluctant to back deal on fourth time of askingThere has so far been little sign of Labour and the Conservatives moving towards a deal.Speaking at an event hosted by the Wall Street Journal on Tuesday, Labour's Shadow Chancellor McDonnell said that the government was ”nowhere near“ to accepting Labour's demands.”We have been at this five weeks. We haven't seen the significant shift yet that we require to support a deal,“ McDonnell said.”We want a permanent, comprehensive customs union. We want dynamic alignment with the single market. We want protection of worker, consumer and environmental rights.“He added: ”I won't go into the detail of what's been offered but it's nowhere near enough.“He said that talks had hit a particularly low point on Monday after senior Tory MPs, including possible successors to May, wrote to the prime minister urging her not to strike deal with Labour based on a customs union.McDonnell's comments were echoed by Labour's Shadow Environment Secretary, Sue Hayman.She told Business Insider on Tuesday that Labour was ”trying to be very constructive“ in talks with government ministers ”but for there to be genuine progress the government has to move on its red lines.“She suggested that Labour could soon walk out of talks if the government did not shift its red lines.”At the moment we are committed to continuing them but we need to be able to get to a stage where we believe that any deal we come up with is something we can through Parliament — and that isn't straightforward.Senior figures in May's government have repeatedly warned the prime minister against agreeing any form of customs union with the Labour party, with the International Trade Secretary Liam Fox threatening to walk out of government if such an offer were made.

    Latest News

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    United States Dollar
    Convertible Amount
    -- United States Dollar
    Warning

    The data of WikiFX all comes from official data of various forex regulatory institution such as FCA,ASIC,etc. These data are all purpose of being fair、objective and realistic,which doesn't ask for any public relations fees, advertising fees, ranking fees, data removing fees and other gray fees.WikiFX will do its best to maintain the consistency and synchronicity of its data with that of authoritative data sources with regulatory authorities, but will not undertake to keep it consistent and synchronized in real time.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Notice: Information provided by WikiFX is only for reference and does not indicate any investment advice. Investors should choose brokers by themselves. The risk involved with brokers is not relevant with WikiFX. Investors shall bear the relevant consequences and responsibilities on his own.

    ×

    Select Country/District