View full page at forexfactory.com

 

U.K.'s May is said to consider plan to postpone Brexit

^ Added at
^ Added at

U.K.'s Theresa May Is Said to Consider Delay to Brexit Date

From bloomberg.com

Theresa May is considering a plan to delay Brexit and stop the U.K. leaving the European Union with no deal next month, according to people familiar with the situation. The prime minister is expected to allow her Cabinet to discuss extending the deadline beyond March 29 at a crunch meeting on Tuesday, one of the people said. May would then reveal the Cabinet’s conclusions in an announcement to Parliament later in the day. While no final decision has been taken, putting off the U.K.’s scheduled withdrawal from the EU would be a huge political gamble. On one hand, it would avert mass resignations from pro-EU ministers ... (full story)

^ Added at

'I'll Rule Out No Deal' Theresa May has U-turned to ‘take No Deal off the table and DELAY Brexit’ in bid to halt Remainer rebels

From thesun.co.uk

Theresa May will propose formally ruling out a No Deal Brexit — which could lead to delaying Britain's March 29 EU exit by months. The decision will mean putting off Britain’s EU exit by weeks or months if MPs still haven’t passed a new divorce agreement in two weeks time. The highly controversial move will infuriate hardline Tory Leavers. But allies of the PM say she has come to the difficult conclusion that the personal U-turn is the only way to avoid a “catastrophic” defeat by a Remain ministers’ rebellion. In a bid to calm Brexiteers’ fury, Mrs May still wants to keep the option of No Deal alive for later in the ... (full story)

Story Stats

  • Posted:
  • Category: High Impact Breaking News