Brexit news: Theresa May warns no Brexit would be disastrous

UK prime minister Theresa May warns policymakers that not delivering Brexit would be “disastrous” to democracy.

May warns no brexit would be disastrous Source: Bloomberg

UK prime minister Theresa May warns policymakers on Sunday failure to deliver Brexit would be “disastrous” to democracy.

May’s warning comes as her last plea, two days before parliament decides on whether to reject her deal with Brussels.

May wrote a message to parliament on Sunday in UK’s Sunday Express, warning parliament not to fail the people who backed Brexit in 2016.

‘Doing so would be a catastrophic and unforgivable breach of trust in our democracy,’

‘So, my message to Parliament this weekend is simple: it is time to forget the games and do what is right for our country.’ May wrote.

May has so far shown no signs of retreating from the deal, which involves close trading ties with the EU.

The Labour party has said Labour would vote against the deal and would table a motion of no confidence if May loses.

This comes after Labour party leader Jeremey Corban said on Friday, a general election would be needed if May couldn’t get her Brexit deal ratified by parliament to break a deadlock.

May warns of Brexit block

May’s unpopular deal has resulted in the EU asking for a cleaner break, with many pro-Europeans pressing for a second referendum.

May's deal is expected to suffer a big defeat when parliament votes on Tuesday.

Brexit minister Stephen Barclay told BBC TV that convincing enough lawmakers to support the deal would be "challenging" but that, even if it was rejected, he thinks parliament would ultimately support something "along the lines of this deal".

May is set to use a speech on Monday to warn that Parliament is more likely to block Brexit than the UK leaving the EU without a deal.

She will say she believes that lawmakers blocking Brexit is now a more likely outcome than Britain leaving the EU without a deal

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Bid
Offer
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Bid
Offer
Updated
Change
Bid
Offer
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.

The Momentum Report

Get the week’s momentum report sent directly to your inbox every Monday for FREE. The Week Ahead gives you a full calendar of upcoming key events to monitor in the coming week, as well as commentary and insight from our expert analysts on the major indices to watch.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.


IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.

This information/research prepared by IGA or IGA Group is intended for general circulation. It does not take into account the specific investment objectives, financial situation or particular needs of any particular person. You should take into account your specific investment objectives, financial situation or particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. In addition to the disclaimer above, the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.

Please see important Research Disclaimer.