As if Brexit was not enough for Brits to contend with, now speculation is mounting that British Prime Minister Theresa May could resign — throwing the whole process into further doubt.
As if the ultimate direction of Brexit was not enough for Brits to contend with, now speculation is mounting that British Prime Minister Theresa May could resign — throwing the whole process into further doubt.
On Sunday, May met with influential Brexiteers in her Conservative Party and, according to some reports, gave her word that she would give a date for her resignation in return for their support in a third possible vote on her Brexit deal, formally known as the"Withdrawal Agreement." Whether a third vote will even take place this week remains up in the air as it's doubtful that there's enough support to pass the deal.
"Despite her Cabinet seemingly abandoning an attempt at a coup over the weekend, May's position is still extremely fragile," he said in comments emailed to CNBC. On Monday evening, MPs are due to debate and vote on the next steps to be taken in the Brexit process and ng on a series of amendments to Brexit, one of which calls for parliament to be given time this week to hold"indicative votes" which allow MPs to vote on their preferred courses of action with Brexit.
"MPs will debate Brexit is revoked and that Britain remains in the EU has also reached nearly 5.5 million signatures.
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