Prime Minister Boris Johnson will again try to put his Brexit deal to a vote in ...
LONDON - Prime Minister Boris Johnson will again try to put his Brexit deal to a vote in parliament on Monday after he was forced by his opponents to send a letter seeking a delay from the European Union.
Johnson was ambushed by opponents in parliament on Saturday who demanded a change to the sequencing of the ratification of the deal, exposing the prime minister to a law which demanded he request a delay until Jan. 31. The British government insisted on Sunday the country will leave the EU on Oct. 31, and plans to put the deal to a vote in parliament later on Monday though it is unclear if the House of Commons speaker will allow such a vote.
Sterling, which has rallied more than 6% since Oct. 10, slid from five-month highs on Monday. It hit as low as $1.2850 in Asian trading before settling around $1.2920Goldman Sachs raised the probability of the United Kingdom leaving with a ratified deal to 70% from 65%, cut its view of the chances of a “no-deal” Brexit to 5% from 10% and left its view on no Brexit at all unchanged at 25%.
“We’re looking for more clarity towards the end of the week, hoping that by that time we will also see how things develop in London,” one senior EU diplomat said.
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