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UK may end up having second Brexit vote if PM May’s exit plan rejected

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Britain could end up holding a second referendum on its membership of the European Union if Prime Minister Theresa May’s plan for Brexit is rejected, a government minister told Sky News on Wednesday.

“Those to the right of the party – the pro-Brexit wing – will be very concerned that if that deal doesn’t prevail, they’ll end up in the situation where we could have a second referendum and we could end up not leaving the EU altogether. There is a danger of that happening,” said Mel Stride, a minister in Britain’s finance ministry.

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell

@dean_forex

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