MP Scrutiny Mustn’t Undermine Brexit Negotiations

Prime Minister Theresa May has offered to give lawmakers some scrutiny of the process to leave the European Union on condition they did not “undermine” her negotiations with 27 other members of the bloc.

May has said she will trigger the formal EU divorce by the end of March but that she will not provide a running commentary on the process. She also said it is for ministers to decide when and how to trigger the EU exit by invoking Article 50 of the Lisbon Treaty.

Lawmakers from the opposition Labour Party proposed a motion in Parliament that called for a full debate on the government’s plan to leave the EU and demanding Parliament be “able properly to scrutinise that plan for leaving the EU before Article 50 is invoked.”

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.