Home » Currency Note » Currency Note » Currency Note GBP » GBP: Commons vote set to take place in the new year

After May postponed the Brexit vote in the face of an overwhelming defeat, Downing Street confirmed that the Commons vote will not take place after Christmas, but will instead be postponed until January. A spokesman said it would take place ‘as soon as possible’ in January, but then May said the original vote would go ahead on 11 December and that there would be no calling of a general election. It is becoming increasingly difficult to trust anything that No 10 says and it wouldn’t be a surprise were the vote left until the last minute.

May’s appeal for cross-party unity has fallen on deaf ears, as the former Conservative leader Iain Duncan Smith said there was ‘no way on earth’ the public wanted the Tories to team up with Jeremy Corbyn. He then went on to offer his advice on the Brexit negotiations, urging the prime minister to tell the EU: “Your £39 billion is fully at risk. We are not committed to the £39 billion unless we get some resolution.” Duncan Smith appears to be unaware that a resolution between the UK and EU was reached some time ago.

There is nothing on the UK economic data schedule, but there is more than enough economic data from the US and eurozone to keep us occupied. Then there is Brexit which will undoubtedly get more mentions throughout the day.

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