UK Labour’s Corbyn Calls For Vote of No Confidence on Theresa May

Labour's Jeremy Corbyn threatened with a vote of no-confidence for Theresa May is she doesn't bring a Brexit deal the the UK Parliament ASAP

Corbyn wants Theresa May's chair at some point

The leader of the opposition Labour Party in the UK said a while ago that he will announce no confidence vote in the British Parliament for Prime Minister Theresa May. he said that is May doesn’t announce a date for a vote on the Brexit deal as soon as possible. He said that the Labour Party will only ask for her head on a plate and not the whole government.

Theresa May’s coalition DUP Party of Northern Ireland has rejected it. With their support, the no-confidence vote is bound to overthrow Theresa May but they don’t like the Brexit deal and they don’t want a no-confidence vote for May.

A heated debate is taking place in the British Parliament at the moment and Jeremy Corbyn added that a responsible Prime Minister would have put a deal before the parliament this week. Theresa May responded quickly, so here are her comments:

  • The backstop will not need to be triggered
  • If the backstop was triggered, it would be temporary
  • There is no plot to keep us in the backstop
  • Comments from European leaders have legal status
  • Implementation period could be extended if the backstop isn’t in place
  • There is an explicit termination clause in the backstop, it can only ever be temporary
  • Looking at ways of empowering parliament over backstop
  • Discussions continue backstop with EU
  • May says meaningful vote will take place in the third week of January (week starting Jan 14)
  • Cabinet will discuss no deal plans on Tuesday
  • Do not imagine that if we vote this down that a new deal will magically appear

She promised to bring back the deal to the British Parliament in the third week of January, so she has about a month left to wrap it up. The UK will leave the European Union in 14 weeks, so the clock is ticking.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles

Comments

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

HFM

Doo Prime

XM

Best Forex Brokers