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British lawmakers reject no-deal Brexit in any circumstance

By Reuters

British lawmakers on Wednesday overwhelmingly rejected leaving the European UnioRead full story

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  • Weiyee IN
    Weiyee INChief Strategy Officer

    Rejecting a no deal brexit is all fine and good, but the real question is what are they going to do about it? Are they going to end up asking for an extension? And what would be the purpose of that extension? Is it just to ask for more time to align internal mechanics, or just to posture that the current deal is not acceptable and use that as a negotiating ploy? There are too many questions that are being raised. The greater the uncertainty, the greater the impact on the markets, as well tomorrow

    Rejecting a no deal brexit is all fine and good, but the real question is what are they going to do about it? Are they going to end up asking for an extension? And what would be the purpose of that extension? Is it just to ask for more time to align internal mechanics, or just to posture that the current deal is not acceptable and use that as a negotiating ploy? There are too many questions that are being raised. The greater the uncertainty, the greater the impact on the markets, as well tomorrow problems for real life operations of businesses after the 29th.

  • William Wood
    William WoodOwner at William Wood

    Aren’t they going to have fun. They better watch out, or the working people just might go French on them, you know, massive protests. Funny, how the elite feel free to ignore their citizen’s wishes.

  • John Gray
    John GrayFormer Banker Risk Management

    When the original question was given to the people in a referendum it was without any explanation as to the process or problems. Since then the government has wasted a great deal of time, money and goodwill. It is past time to ask the people what they want either with another referendum or a general election with binding platforms. This inane debacle is making democracy weaker.

  • The politicians are the reason there’s a crisis. Brexit was the people’s choice. Hope the EU stands firm on no or short delay but only for cause.

  • Of course if they can't go on to *agree* on anything, no deal happens by default.

  • Patrick deHahn
    Patrick deHahnNews curator at Quartz

    "British lawmakers on Wednesday overwhelmingly rejected leaving the European Union without a deal, paving the way for a vote to delay Brexit to seek a way out of Britain’s worst political crisis in generations."

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