Tag: Brexit

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Sterling Falls further due to Brexit Uncertainty

Markets don’t like uncertainty and not surprisingly Teresa May’s decision to postpone the Brexit vote has caused a further slide in the value of the Pound against both the Dollar and the Euro. The decision to postpone came in the face of an unavoidable defeat in the commons and this has caused sterling to dip…

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Brexit: Northern Ireland Backstop Remains Stumbling Block

The vote on the Brexit deal is set to go ahead despite there being major concerns about the controversial Backstop. The indications are that it will be rejected, however the DUP have indicated that they will support the Conservatives on any ensuing vote of confidence. Prime Minister Teresa May has reiterated that without the Backstop…

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Brexit: Theresa May’s Deal In Danger

The government lost three key Commons votes relating to the proposed Brexit deal and will now have to fight hard to get it approved. Given the secrecy regarding the legal opinion and the waning support from the DUP it looks pretty much doomed at this stage. Still, politics is a funny old game. More here

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