May Promising Full Brexit

British Prime Minister Theresa May said on Sunday she would deliver a full exit from the European Union, hitting back at critics of her Brexit strategy who have threatened to try to block the process in parliament.

The government’s plans to begin a two-year divorce process by the end of March were thrown into disarray last week when a court ruled that parliament must be consulted on the decision. May has said she is confident of overturning that ruling.

Nevertheless, the prospect of a parliamentary vote has enraged eurosceptic lawmakers who fear the ‘hard Brexit’ they want will be watered down, and emboldened political opponents who want a less radical split from the bloc.

Reuters

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.