The pound has weakened further this morning as Brexit uncertainty continues. A third vote on the Prime Minister’s Brexit deal will go ahead today, in an attempt to secure an extension until the 22nd of May. This comes as Speaker John Bercow granted the government permission to vote on only part of the deal – the ‘divorce bill’, citizens’ rights and the controversial Irish ‘backstop’. The political declaration, which covers the UK’s future relationship with the EU, will not be included as part of the vote.
This has prompted anger from some MPs, as they say that May has gone back on her promise to keep the withdrawal agreement and the political declaration as part of the same package. Many have also said that this cannot be counted as the third ‘meaningful’ vote if the political declaration is excluded.
The pound hit its lowest level of the week yesterday. This came as Speaker John Bercow re-iterated that the Prime Minister will have to make changes to her deal before holding a third meaningful vote.
Depending on how the vote goes today, it is thought that MPs may vote again on a narrowed-down list of Brexit options, potentially on Monday.
