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EU to Set Jan. 31 Deadline as U.K. Election Looms

From bnnbloomberg.ca

The European Union looks set to grant the U.K. a delay to Brexit until Jan. 31, prolonging the uncertainty for businesses and citizens but removing the risk of a damaging no-deal split on Thursday. The extension to the deadline could be formally agreed to later on Monday, after French President Emmanuel Macron dropped his opposition to the plan. British prime minister Boris Johnson is pushing a vote in the House of Commons on Monday afternoon to trigger an early general election, saying it’s the only way to resolve the deadlock that has stopped the U.K. ratifying an exit deal. Key Developments: Macron backs Brexit ... (full story)

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