NewsBreak: U.K. Speaker Rejects Request to Hold Vote on PM Johnson's Brexit Deal


© Reuters.

Investing.com – The Speaker of the House of Commons John Bercow rejected a government request to hold a vote in parliament on Prime Minister Boris Johnson’s Brexit deal on Monday afternoon.

The Speaker said that the matter in question was the same as the one debated in the House of Commons on Saturday. Bercow declared “it is clear that the motions are in substance the same” and that it would be “repetitive and disorderly” to debate the motion again on Monday.

Bercow used the same convention to block another meaningful vote on former Prime Minister Theresa May’s Brexit deal. Bercow told parliament that the “same question convention” dated back to 1604.

Boris Johnson was forced to send a letter to the EU requesting an extension to the official Oct. 31 Brexit date on Saturday after parliament voted 322-106 in favour of the Letwin amendment.

Parliament voted in favour of withholding approval of Johnson’s deal until implementing legislation had been passed. The prime minister was then forced to request a delay under the Benn Act, a law which compelled the PM to request an extension until Jan. 31 if no deal had been agreed by Oct. 19.

The pound hit fresh five month highs on Monday morning, breaking above the $1.30 level as fears of a no deal Brexit in just over ten days time diminished. Goldman Sachs (NYSE:) cut its no deal Brexit odds from 10% to 5%.

At 15:20 GMT, was flat at 1.2976, while dropped 0.4% to 0.8587.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

READ  PM Johnson's Conservatives have highest support since 2017 - polls

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here