UK Should Not Hope for Better Deal says PM May

November 23, 2018 Share Print 0

Theresa May has said the UK should not hope for a “better deal” from the EU if MPs reject her Brexit agreement.

She told a BBC phone-in that there would be just “more division and uncertainty” if Parliament voted against the agreement next month.

But she declined to say whether the UK would be better off outside the EU, saying only it would be “different”.

A summit of EU leaders to sign off the deal will go ahead on Sunday despite “unresolved” issues over Gibraltar.

Spain is seeking written assurances from the UK that it will be directly consulted over its future trade negotiations with the EU which relate to Gibraltar, a British Overseas Territory.

Its prime minister Pedro Sanchez has said he won’t decide whether to attend Sunday’s summit until these are provided.

via BBC

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.

Bio
Twitter
Google+
Latest Posts

Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.