Markets

UK PM May to force second vote on Brexit deal

UK PM May to force second vote on Brexit deal

Most Essex MPs were expected to vote against it unless there is a surprising change in the Ulster "Backstop" arrangement at the last minute.

The margin of defeat - greater than the previous record set in 1924 - means the Prime Minister now faces a deep political crisis with no clear way forward.

In the current circumstances, there is no majority in parliament for any of the alternative Brexit deals. She has also spoken to Germany's Angela Merkel twice in recent weeks.

"We need to confirm whether this government still enjoys the confidence of this House", May said.

If a no confidence motion passes with a simple majority in the Commons, a general election would be called after 14 days if the government fails to win back the support of a majority of MPs. For the reason element there is a small group, predominantly within the Conservative party, that is pushing for this no deal, and this tends to delay things to get to the end of March without a deal.

Mr Corbyn had announced a few days ago that should Mrs May lose the meaningful vote in Parliament, the no confidence motion would be proposed "soon". Any who vote against it, or even abstain, would be immediately thrown out of the party and would not ever be able to stand as a Conservative in an election again.

Following her humiliation in the Commons last night, Mrs May said she would discuss her deal with "senior" MPs on the Opposition benches to find a way forward.

Counsel General Jeremy Miles said there was no need for people to make changes in their day-to-day lives to get ready for a possible no-deal.

Despite fears that the pound would plummet if the government suffered a heavy defeat in Parliament, sterling rallied slightly. Over the weekend we heard rumours of a plot masterminded by Tory rebels to takeover parliamentary business, and as the week began it emerged that the powerful liaison committee was working on its own Brexit plan B. There will also be a number of indicative votes in the House as MPs try make their voices heard.

For the First Time, Plants Have Been Grown On the Moon
According to Chinese state media, the USA was among half-a-dozen countries that have collaborated with China on the lunar project. To the Australian Astronomical Association astronomer-at-large, Fred Watson, the development was "good news", reports the BBC .

March 2, 2018 - Mrs May gives her second big Brexit speech, this time at Mansion House, outlining her "five tests" for the UK's future economic partnership with the EU.

In a statement, European Commission president Jean-Claude Juncker said: "The risk of a disorderly withdrawal of the United Kingdom has increased with this evening's vote".

A total of 432 MPs voted against the deal and 202 MPs supported the deal.

After this morning's vote Mrs May told MPs it was her duty to deliver on Brexit.

Some Conservatives want May to seek further talks with European Union leaders on changes before bringing a tweaked version of the bill back to Parliament, even though European Union leaders insist the agreement can not be renegotiated.

The DUP, the government's confidence-and-supply partner, has said they will back the Prime Minister, as as the ERG, the Brexit-supporting wing over the Conservative Party, headed by Jacob Rees-Mogg.

The UK is due to leave the European Union by default at 11pm on 29 March.

"If a deal is impossible, and no one wants no deal, then who will finally have the courage to say what the only positive solution is?" he said.

"Either way, we will have to negotiate a transition period with them because the British can not afford to no longer have planes taking off or landing at home, and their supermarkets, as much as 70 percent, is supplied with (products) from continental Europe", Macron added.