MPs will vote on the Withdrawal Agreement Bill today, which was published by the government yesterday. If Parliament backs the bill, they will then by asked to approve a three day timetable, in which legislation for the Prime Minister’s Brexit deal will be considered. The pound is choppy this morning against the euro and the dollar.
The pound strengthened yesterday ahead of Boris Johnson’s second attempt to get Parliamentary approval of his Brexit deal. However, sterling then weakened as the Speaker of the House of Commons, John Bercow, ruled out a vote on a deal due to the fact that the motion had already been brought before MPs on Saturday, and said that the passing of the Letwin amendment “explicitly specified that the legislation should come first.” Bercow also explained that MPs will get to vote on the Brexit Withdrawal Agreement Bill, so are still able to have their say.
Bercow’s ruling received a mixed response, with one Conservative MP accusing him of bias, whilst others said his decision was reasonable.
