Posted 54 minutes agoShare
Britain’s tumultuous divorce from the European Union again is in disarray as the opposition Labour Party on Friday declared last-ditch cross-party talks are dead in the twilight of Prime Minister Theresa May’s premiership.
Nearly three years after the United Kingdom voted 52 per cent to 48 per cent in a referendum to leave the EU, it is still unclear how, when or if it will ever leave the European club it joined in 1973. The current deadline to leave is Oct. 31.
Brexit talks between May’s Conservatives and the opposition Labour Party ended without an agreement hours after May agreed on Thursday to set out a timetable for her departure in early June.
Labour leader Jeremy Corbyn wrote to May on Friday, informing her that talks had “gone as far as they can” due to “the increasing weakness and instability” of the government.
Corbyn said May’s government had become unstable and its authority had been eroded undermining confidence in the “government’s ability to deliver any compromise agreement.”
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.
All copyrights for this article are reserved to Market News