MPs voted yesterday on eight alternative Brexit proposals, however none of the options managed to achieve enough support. The pound is fell yesterday evening as a result, after strengthening yesterday ahead of the series of indicative votes.
Theresa May still hopes to bring her deal back to Parliament, with Brexiteers such as Jacob Rees-Mogg reluctantly falling behind it. Success strongly depends on support from the DUP, however, and they have made it clear that they will not back the deal, preferring a long extension to Brexit.
May has told MP’s that she will hand over leadership if her deal is voted for. This pledge has prompted some to back her, such as ex-Foreign Secretary Boris Johnson. With the hope of renewed support, it is thought that the Prime Minister could attempt to get the deal through again this week, possibly tomorrow. However, this hinges not only on getting support, but also on getting permission to pass it through Parliament.
