New Model Adviser - For professional financial planners

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Theresa May: no Brexit more likely than no deal

Ahead of tomorrow’s crunch vote, prime minister Theresa May is to say MPs stopping Brexit is more likely that a no-deal exit.

Theresa May: no Brexit more likely than no deal

Ahead of tomorrow’s crunch vote, prime minister Theresa May is to say MPs stopping Brexit is more likely that a no-deal exit.

Tomorrow MPs will vote on May’s Brexit deal but it is widely expected they will reject her plan.

Now in a last-ditch effort to convince more MPs to back her, May is to say in a speech today it is more likely MPs will intervene to stop Brexit altogether rather than see the country leave without a deal in place, according to a BBC report.

The prime minister will add: ‘As we have seen over the last few weeks, there are some in Westminster who would wish to delay or even stop Brexit and who will use every device available to them to do so.

‘I ask MPs to consider the consequences of their actions on the faith of the British people in our democracy,' the BBC report said. 

If May’s deal is voted down in the House of Commons there are number of options MPs might try and pursue including pushing for a no-deal Brexit or a second referendum.

At last week’s New Model Adviser® Conference and Awards in London, 39% of advisers said they would now support a second referendum, compared to 28% who supported another vote last year.

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
More Content
7155.31 -52 0.73% 01:29
More Content
More Content

BUSINESS

20 Comments Sipp firm stops accepting DB transfers after FCA dear CEO letter

Sipp firm stops accepting DB transfers after FCA dear CEO letter

Sipp provider Intelligent Money has decided to stop accepting defined benefit (DB) transfers following the Financial Conduct Authority’s 'Dear CEO' letter

ADVICE

Richards: Pensions dashboard must display charges

Richards: Pensions dashboard must display charges

A comprehensive unified platform could engage and motivate people to save, but it must be unbiased, transparent and regulated

twitter_banner

INVESTMENT