Theresa May meets opposition leader to break Brexit impasse
The British Prime Minister will meet with Labour leader Jeremy Corbyn in the hopes of securing a deal capable of breaking the Brexit deadlock in parliament on Wednesday.
Theresa May is set to sit down with opposition leader Jeremy Corbyn on Wednesday in the hope of securing a deal capable of ending the Brexit impasse in parliament and stop Britain bailing out of the EU without a deal.
The UK was scheduled to leave the EU on March 29, but three years on since the Brexit referendum, but there is still little clarity over how, when or even if Britain will leave the bloc.
Theresa May to meet Jeremy Corbyn to find a way forward
May has agreed to sit down with Corbyn after British lawmakers chose to reject her Brexit deal for a third time, with MPs in the House of Commons on deeply divided over the terms of the UK’s future relationship with the EU.
‘There are actually a number of areas we agree on in relation to Brexit ... what we want to do now is to find a way forward that can command the support of this House and deliver on Brexit,’ May told parliament.
Theresa May risks Conservative party unity in meeting Labour leader
May has opted for pragmatism in order to break the Brexit deadlock, but in doing so could deepen divisions in her own Conservative party, with one minister resigning on hearing the news of her planned meeting with the Labour leader.
‘It now seems that you and your cabinet have decided that a deal - cooked up with a Marxist who has never once in his political life put British interests first - is better than ‘no- deal'', Nigel Adams said as he resigned as a minister for Wales.
This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. 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. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Live prices on most popular markets
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 spread betting and CFDs.
Stay on top of upcoming market-moving events with our customisable economic calendar.