Yesterday evening, MP’s voted on a series of four alternative Brexit options, commissioned by Speaker John Bercow. However, once again nothing could be decided on, and none of the options received a majority.
Sterling slipped last night as a result. The announcement weighed on the pound as it highlights the gridlock and uncertainty in relation to Brexit. As it stands, the UK is set to leave the leave the EU on 12 April without a deal, unless an alternative arrangement can be agreed upon. As we saw last night, there isn’t much that MPs agree on when it comes to Brexit.
Speaking this morning, President of the European Council, Michel Barnier said, “No deal was never our desire or intended scenario but the EU 27 is now prepared. It becomes day after day more likely.”
