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

Fed Speakers Trump Trump and Support Dollar

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MS

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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.