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

Senior Currency Analyst at OANDA
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 Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. 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.