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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Former Craig

Former Craig

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.