Parliament to Take Over PM May If Cooper and Brady Amendments Fails to Pass - Forex News by FX Leaders

Parliament to Take Over PM May If Cooper and Brady Amendments Fails to Pass

Posted Tuesday, January 29, 2019 by
Skerdian Meta • 1 min read

The British Parliament is at full activity right now discussing and preparing to vote on the Brexit amendments. The Brady and Cooper amendments are the favourites for Prime Minister Theresa May since they would leave her in charge of the future Brexit path.

But, the Grieve amendment is moving up the ranks as a possible one for passing if the other two fail. This amendment basically takes power away from the government and give the backbenches of both Parties the right to set the Brexit agenda. Theresa May seems irritated that the Speaker of the Parliament is even allowing a vote on it, but hey, if you can’t do it accept help from others isn’t it?

Grieve proposes that on six Tuesdays between now and the Brexit deadline at the end of March, backbench MPs’ motions would take priority over government, so that the Commons can vote on those alternatives. Grieve is a Conservative backbencher and the Labour Party is said to back it so there is some wide support.
It’s all a big mess and any amendment won’t resolve problems as if by magic as some might be thinking, so it will be a long and bumpy run for Brexit and for Theresa May.
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About the author

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.
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