MPs Reject First Amendments to Brexit Terms

MPs on Monday rejected the first set of proposed amendments to legislation that would give Prime Minister Theresa May the right to notify the European Union of Britain’s intention to leave the bloc.

During seven hours of debate, lawmakers voted against a series of attempts by pro-EU lawmakers to attach extra conditions to May’s plan to begin divorce talks by March 31.

Monday’s votes were on the issues of parliamentary scrutiny of the withdrawal process and the involvement of Britain’s devolved administrations.

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.