Is There Anything New in May’s Latest Brexit Deal? - Forex News by FX Leaders
We'll all be relieved when the Brexit saga is over

Is There Anything New in May’s Latest Brexit Deal?

Posted Monday, May 20, 2019 by
Arslan Butt • 1 min read

According to a news report published by The Telegraph on Sunday, British PM Theresa May’s tweaked version of the Brexit deal offers very little changes. The Northern Irish backstop is maintained while there is no new information about customs arrangements.

Looks like what May calls a “new, bold offer” leaves much to be desired as far as UK MPs are concerned.

The original March 29 deadline for Brexit was pushed to October 31 by the EU after the UK Parliament failed to vote the Brexit deal thrice. The new deal by PM May is due for a vote in the Parliament sometime during the first week of June.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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