• City of London analysts are warning clients to prepare for a UK election this year as May's Brexit deal collapses

    5 monthes ago - By Business Insider

    City of London advisors have raised the chances of the UK holding a general election in 2019.
    Analysis from Newgate Communications has raised the likelihood of a general election to between 50% and 65% as Prime Minister Theresa May's Brexit deal looks set to be rejected by parliament.
    This could trigger a vote of no-confidence in the government, in turn forcing a general election.
    The House of Commons will vote on May's deal on Tuesday night.
    The United Kingdom is likely to have a general election this year amid uncertainty over Theresa May's Brexit deal, according to advice being given to...
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  • The EU sends letter of reassurance to Theresa May in last ditch attempt to prevent Brexit deal defeat

    The EU sends letter of reassurance to Theresa May in last ditch attempt to prevent Brexit deal defeat

    5 monthes ago - By Business Insider

    The EU has sent a letter to Theresa May ahead of the crunch Brexit deal vote in the UK parliament.
    British MPs are set to vote overwhelmingly against the deal when it comes before the House of Commons on Tuesday.
    May is under pressure to abandon her deal, as MPs from across the House pressure her to back a second referendum, call a general election, or delay Brexit.
    The letter falls well short of the "legally binding reassurances" May had sought from the EU on the question of the Northern Irish backstop.
    The EU has sent an attempted letter of reassurance to the prime minister Theresa May...
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