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

British PM Theresa May's tweaked version of the Brexit deal offers very little changes.

We'll all be relieved when the Brexit saga is over

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.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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