Loading Posts...

Brexit News – Pound Sterling Rises After PM May Wins No-Confidence Vote

Brexit News - Pound Sterling Rises After PM May Wins No-Confidence Vote

After a crushing Brexit defeat, the government of PM Theresa May survived a no-confidence vote, so it seems for now, the chances of a general election triggered by the recent anger over Brexit confusion have faded. Lawmakers in the UK – the lower house of parliament – the House of Commons, voted to defeat the motion raised by Labour Leader and Socialist Jeremy Corbyn by 325 to 306.

Votes of no confidence in the government from Labour, Welsh and Scottish nationalists, the Liberal Democrats and the Green Party were not enough to break down the sitting government. Right after the vote has finished, May said that her government would continue to work to deliver on Brexit – it was her duty to find a way forward that was approved by the House.

From now, May will be forced to focus on Brexit and not on a general election. She now must put together a deal that would please both UK subjects and lawmakers in Europe as well as keeping a promise on the 2016 referendum result. The British public and law makers want a deal that will protect the British people while being a member of Europe…….Norway has a solid system that is flexible enough to please the people.

The Left Wing Socialist and sometimes Marxist Corbyn will put his ideas forth in the coming weeks and months to hammer out some sort of joint deal – May will have her hands full. May will now discuss options with different parties and start work on a new deal or in the very least, a more workable deal for lawmakers to agree upon.

Team Classiarius

Classiarius

The author didnt add any Information to his profile yet

Classarius is the only data driven news for blockchain, cryptocurrencies and technology from investment professionals.
Disclaimer: We do not provide investment advice or strategies, this article is not intended as such but only to provide you the reader with information. Please conduct your own research before any investment of any kind.

Classiarius Guest Posts
Classiarius allows guests to write articles on blockchain, finance, and analysis on technology, political risks and crpytocurrencies. You may include links to your previous content in your articles. Write Guest posts
Loading Posts...

Do you want the latest, most up-to-date information on Trends?

then Subscribe to our Newsletter below
Subscribe
Get the latest info on Blockchain& Trends

Do you want the latest, most up-to-date information on Trends?

then Subscribe to our Newsletter below
Subscribe
close-link
Get the latest info on Blockchain& Trends