View full page at forexfactory.com

 

Philip Hammond Backs Legal Action to Stop U.K. PM Suspending Parliament

From bnnbloomberg.ca

U.K. Chancellor of the Exchequer Philip Hammond said he would back a legal challenge against the government if the new prime minister tried to suspend Parliament to force through a no-deal Brexit. Boris Johnson, the favorite to succeed Prime Minister Theresa May this month, has refused to rule out proroguing -- or suspending -- Parliament to fulfill his pledge to leave the European Union on Oct. 31. Though Johnson has said he’s “not remotely attracted to the idea,” he’s keeping his options open. Such a move would provoke a constitutional crisis because Parliament is “dead-set against” a no-deal Brexit, Hammond said ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis