MPs Kate and Graham ponder new Brexit vote but Nigel says no

Anna Jefferson
January 18, 2019

As expected, Parliament has rejected this deal.

Labour leader Jeremy Corbyn visited Hastings this morning to give a speech outlining his party's position on a no-deal Brexit and a potential second referendum.

She said: "After the vote of confidence was defeated, we now know a general election is off the table and any chance of Labour negotiating its own Brexit deal has gone".

Labour insisted on not joining talks unless May rules out the United Kingdom leaving the European Union on March 29 without an agreement, considered the worst-case scenario due to its adverse effect on the economy, prices, movement of people and other aspects of everyday life.

"With the clock now ticking rapidly before we are due to quit, politicians must not waste any more time on fantasies".

At Ford Motor Co., Chief Financial Officer Bob Shanks said Wednesday: "Ford continues to view a no-deal exit as the least likely outcome given how damaging it would be, but we recognize the situation is highly uncertain after yesterday's vote". A small number favour a second referendum.

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But they are bitterly divided over the most important question facing her government: On Tuesday, more than 100 Tory MPs voted against May's Brexit agreement.

And he said Labour would table further no-confidence motions in the government "if necessary".

The big conundrum is the future of the Irish border, an issue that received scant attention in the lead-up to the 2016 Brexit referendum.

Earlier, a spokeswoman for May told reporters that a one-page document had been shown to lawmakers during meetings aimed at finding a way forward on Brexit.

The Labour leader, who branded Mrs May's offer a "stunt", is refusing to meet Mrs May until she rules out a no-deal Brexit.

Retail Sales data is slated for Friday morning, dropping at 09:30 GMT with December's annualized Retail Sales forecast to hold steady at 3.6%, but the decidedly mid-tier data is unlikely to drive much attention as markets remain focused on Brexit developments.

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On Monday, MPs will vote on an amendment that will "pave the way for the Bill", the paper said.

Mr Farage said he believed "it is now quite possible that we will see an extension of Article 50".

EU Brexit negotiator Michel Barnier said the bloc was stepping up preparations for a disorderly "no-deal" Brexit after Parliament's actions left Europe "fearing more than ever that there is a risk" of a cliff-edge departure.

Mr Barnier said that getting an agreement was "in everybody's interest" and that "something has to change" to secure a divorce deal. Pro-Brexit lawmakers say the deal will leave Britain bound indefinitely to European Union rules, while pro-EU politicians favour an even closer economic relationship with the bloc. "No longer can it be said that opinion has not moved significantly since the referendum".

Reserve forces will be "on standby to deliver a range of defence outputs" and help perform "contingency plans developed by other government departments", armed forces minister Mark Lancaster said in a ministerial statement.

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