Theresa May urges politicians to put "self-interest" aside in Brexit plea

British prime minister Theresa May has asked politicians to come together to break a deadlock over leaving the EU.

British prime minister Theresa May urged politicians to put aside differences to break deadlock over leaving the EU.

Speaking late on Wednesday, May said the opposition Labour Party had yet to discuss a new approach to Brexit, and she urged politicians to put their self-interest aside and re-enter Brexit talks.

Labour's Jeremy Corbyn, refused to hold talks unless a no-deal Brexit was ruled out.

'I am disappointed that the leader of the Labour Party has not so far chosen to take part – but our door remains open,' May said

May survived parliament’s no confidence vote, securing 325 supportive votes and defeating the 306 MPs backing Jeremy Corbyn’s no confidence motion against her.

It comes after British MPs voted 432 - 202 to reject May's Brexit deal, marking the UK's worst parliamentary defeat in history.

After winning the vote, May said the coming days would involve discussions with senior government figures to find a Brexit proposal.

However, MPs are in deadlock over the way forward, which could mean a “no-deal” Brexit, or critics say it could mean another referendum on membership.

French president says referendum has been manipulated

French president, Emmanuel Macron believes there are three options for the UK. Macron spoke in Normandy after May’s loss, saying the first option would be ‘no deal’.

Macron said: 'They will tell us ‘we will try’ – I think that’s what they will do’ as the second option, while he says the third option would be a delay, which he says would follow shortly after the second option.

He said the result of yesterday's Commons vote was reflective of what referendums can create.

‘It’s a referendum that has been manipulated, manipulated from the exterior by a lot of what we call fake news, where everything and anything was said.’ Macron said

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.

The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. 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, and 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.

Please see important Research Disclaimer.

Trading around Brexit

Find out how the UK’s exit from the EU continues to affect traders, and discover:

  • The unique opportunities in a ‘hard’ and ‘soft’ Brexit
  • The markets you should be watching
  • Everything that’s happened so far

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Sell
Buy
Updated
Change

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
China 300
-
-
-
-

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.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

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.