The fireworks surrounding Brexit continued across the weekend and yesterday, with the Democratic Unionist party forcing its MPs to vote with Labour against the government’s finance bill. The DUP currently prop up May’s government and without the party’s support, it is extremely difficult for the Tories to pass any bills.
The DUP’s Brexit spokesman said that the government has not stuck to its promise that Northern Ireland would not be treated any differently to the rest of the UK in the Brexit withdrawal agreement. It essentially means that there is now even less chance of May’s Brexit plan getting through Parliament. It still remains to be seen whether there will be a leadership contest.
Bank of England Governor Mark Carney is delivering a speech this morning at 10am and we will also see the CBI industrials trends orders reading for November. Tomorrow we will see the public sector net borrowing figures for October and that’s about it for the week. Fairly quiet on the economic data front all told.