Theresa May offers MPs stripped-down Brexit deal in third vote in parliament

In a last-ditch attempt to get her EU divorce deal through the House of Commons the British Prime Minister will put forward a stripped-down version of her withdrawal agreement on Friday in the hope of breaking the Brexit deadlock.

Theresa May will offer MPs in parliament a stripped-down version of her Brexit deal on Friday in the hope of getting her divorce deal passed and finally breaking the Brexit deadlock.

This will be the third time that British lawmakers will vote on May’s EU withdrawal agreement, with MPs defeating her deal in two earlier votes by a significant margin.

Nigel Farage leads ‘Brexit Betrayal’ march

While MPs in parliament cast their votes on May’s Brexit deal, thousands of people will descend on Westminster in protest as part of the ‘Brexit Betrayal’ march, led by prominent Brexiteer, Nigel Farage.

Pro-Brexit protestors are angered by May’s decision to delay Brexit beyond the original March 29 deadline until April 12, with the possibility of pushing the UK's exit back as far as May 22 if she is unable to get her withdrawal agreement passed on Friday.

Theresa May offers her job to get Brexit deal done

On Wednesday, the prime minister said that she would step down if MPs supported her Brexit deal in the House of Commons, but even that has failed to galvanise members of her Conservative party who argue that the divorce bill leaves the UK tied to the EU indefinitely.

If May is unable to get her deal passed, the path ahead for Brexit remains unclear, with MPs failing to reach a majority on any of the indicative votes held on a range of alternative options, including a much softer exit from the EU to bailing out of the bloc without a deal.


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.

See an opportunity to trade?

Go long or short on more than 16,000 markets with IG.

Spread bet and trade CFDs on our award-winning platform, with low spreads on indices, shares, commodities and more.

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Bid
Offer
-
-
-
-
-
-
-
-
-
-
Bid
Offer
Bid
Offer
-
-
China 300
-
-

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

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Sunday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets 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 spread betting and CFDs.

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

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.