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UK PM May Backs Down on Parliament Vote Over Her Brexit Terms
Prime Minister Theresa May has accepted that Parliament should be allowed to vote on her plan for taking Britain out of the European Union, but asked lawmakers to do it in a way that gives her space to negotiate. The decision seemed to calm investors after they dumped the pound on concern May was taking a gung-ho approach to the negotiations. The currency took a beating after May signaled her intention to put immigration curbs before the City of London’s interests in pulling Britain out of the European Union. Parliament will debate on Wednesday a motion from the opposition Labour Party calling for a “full and ... (full story)
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