Wealth Manager - the site for professional investment managers

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

Parliament to get vote on final Brexit deal

Parliament to get vote on final Brexit deal

Britain's parliament will get a vote on the final Brexit deal before the country leaves the European Union, Brexit secretary David Davis has told MPs.

This is a departure from the government's original position that wanted lawmakers not to have a say in the the UK's exit agreement.

Davis said the House of Commons and the House of Lords will be given the opportunity to propose amendments to the final legislation, which will include any transition deal and agreement on citizen rights. 

This means that the terms of the exit will need to become law via new legislation.

Theresa May has been facing internal pressure from several Conservative MPs to amend the EU withdrawal bill to allow the final deal to be passed via primary legislation. 

'I can now confirm that once we’ve reached an agreement we will bring forward a specific piece of primary legislation to implement that agreement,' Davis told parliament on Monday.

The news comes as MPs prepare to debate the key Brexit legislation.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play CEO Tapes: dangerous data and great technology

CEO Tapes: dangerous data and great technology

In the third part of our latest series the debate turns to technology and the huge impact it is having on the fund management industry.

1 Comment Play Quilter CEO on IFAs, robos & his own DB transfer

Quilter CEO on IFAs, robos & his own DB transfer

In the final part of our interview with Paul Feeney, the Quilter chief executive declares that the government has 'left the ring' on savings policy, rounds on robo-advice, and reveals his own experience of the DB transfer market.

Play CEO Tapes: ESG - we need to get better at the 'G'

CEO Tapes: ESG - we need to get better at the 'G'

In the second part of our CEO series, we explore the burgeoning ESG concept with fund bosses outlining how they try to make a difference.

Read More
Wealth Manager on Twitter