#AceNewsReport – Jan.15: Editor says here’s what we know …………U.K. Prime Minister Theresa May has lost a crucial vote on her #Brexit plans in the House of Commons, the U.K.’s lower house of parliament: May lost by 230 votes after lawmakers voted by 432 to 202 to reject the deal #AceNewsDesk reports
Lawmakers from different political parties rejected the proposed Withdrawal Agreement, currently the only deal agreed with the European Union on how Britain should exit the bloc in March of this year: As soon as the vote was cast, May stood to tell lawmakers that tonight’s vote showed nothing about what Parliament supports.
Her deal with Europe is seen by some as a sell-out to the ideals of Brexit, reducing Britain’s influence while staying within many of the EU’s rules: And many of those who oppose Brexit didn’t like the deal either. They have argued that it will reduce Britain’s ease of trade with the world, repel global talent, and increase the cost of living.
The result creates a political vacuum in the Brexit process, with no firm certainty as to what might happen next: Potential outcomes range from a revised attempt by May to force her plan through, a second Brexit referendum or even a General Election.
An earlier amendment to the Brexit deal, giving the U.K the right to exit the backstop unilaterally was heavily defeated by 600 votes to 24: In a final statement to Parliament prior to the vote, May had urged lawmakers to back her deal or risk further division across the country.
On June 23, 2016, voters in the U.K. favored leaving the EU by 51.9 percent. The U.K. is legally set to leave the political and trading bloc on March 29:
Following the heavy defeat, the pound gyrated briefly below $1.27 before recovering. Sterling had been sitting near session lows at $1.273 prior to the vote.
What was the vote? …………….Tuesday’s vote in the House of Commons was termed the “Meaningful Vote” and granted lawmakers to have their say on the terms of Brexit that the EU and British government have already agreed.
It was only granted to U.K. lawmakers after British businesswoman Gina Miller won a 2016 court case in the High Court of Justice, demanding that Parliament must have a say.
#AceNewsDesk report …………….Corbyn tables no confidence vote in May’s Tory govt This story is developing. Please check back for updates……Published: January.15:2019:
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