Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
March 15, 2019 07:00 AM IST | Economy

British lawmakers overwhelmingly back Brexit delay

The vote makes it likely that the March 29 departure date set down in law, which May has repeatedly emphasised, is likely to be missed, although it is unclear by how long.
The short delay envisaged in the motion could last until June 30, but the longer extension is not currently time-limited. Either would require unanimous approval from the other 27 EU members, whose leaders meet in a summit next Thursday.
A new vote on May's deal is likely next week, when those lawmakers must decide whether to back a deal they feel does not offer a clean break from the EU, or reject it and accept that Brexit could be watered down or even thwarted by a long delay.
British lawmakers overwhelmingly back Brexit delay
Published Date: Mar 15th, 2019 07:00 AM | Updated Date: March 15, 2019 07:00 AM IST
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV