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Marketplace Morning Report

U.K. warns of Brexit shortages

Aug 19, 2019

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Marketplace Morning Report
Brexit

U.K. lawmakers reject Brexit deal in 432-202 vote

Associated Press Jan 15, 2019
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An anti-Brexit demonstrator waves a Union flag alongside a European Union flag outside the Houses of Parliament in London on March 28, 2018. 
TOLGA AKMEN/AFP/Getty Images

The Latest on Britain’s exit from the European Union:

British lawmakers have rejected Prime Minister Theresa May’s Brexit deal by a huge margin, plunging U.K. politics into crisis 10 weeks before the country is due to leave the European Union.

The House of Commons voted 432 -202 on Tuesday against the deal struck between Britain’s government and the EU in November.

Legislators from both pro-EU and pro-Brexit sides of Britain’s political divide rejected May’s entreaties to back the deal and deliver on citizens’ the June 2016 vote to leave the 28-nation bloc.

The defeat leaves May’s leadership wobbling and the government with just a few days, until Monday, to come up with a “Plan B.”

Unless a deal is ratified, Britain is set for a disorderly exit from the bloc on March 29, with potentially tumultuous economic and social consequences.

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