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UK government gives up trying to stop Brexit delay bill in parliament

From reuters.com

British Prime Minister Boris Johnson’s government abandoned attempts in the upper house of parliament to block a law aimed at stopping the country from leaving the European Union without a deal.The move paved the way for Johnson being required to ask the EU for a three-month extension to the Brexit deadline, if he fails to reach a renegotiated transition deal with the bloc by the middle of October.Johnson has said he is opposed to an extension and that he is prepared to take Britain out of the EU without a deal if necessary. Conservative Party members of the upper house of parliament had tabled a series of amendments ... (full story)

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  • Category: Fundamental Analysis