British Prime Minister Boris Johnson will limit parliament’s ability to derail his Brexit plan by cutting the amount of time it will sit between now and EU exit day on Oct. 31, infuriating opponents who urged Queen Elizabeth to intervene.
In his boldest move yet to take the country out of the European Union with or without a divorce deal, Johnson set Oct. 14 for the Queen’s Speech – the formal state opening of a new session of parliament that is proceeded by a suspension of the House of Commons.
The queen agreed to the date, effectively shutting parliament from mid-September for around a month.
Content 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 Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.