May Facing Opposition on EU Citizens

Prime Minister Theresa May’s government is braced for defeat on a key vote in the House of Lords over the right of European Union nationals to stay in the U.K., a result that would complicate her Brexit timetable.

Labour and the Liberal Democrat opposition parties are uniting with rebels among May’s Conservatives to support an amendment to her EU withdrawal bill that would protect the rights of European citizens to remain living in Britain when the country leaves the bloc.

On the eve of the vote, Home Secretary Amber Rudd wrote to the Lords to provide reassurances that the issue is a “priority.” She praised the “vital contribution” that EU nationals in the U.K. make to the economy and society.

Bloomberg

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MS

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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.