Brexit Deal .By Max Lecester. Britain’s Parliament rejected Prime Minister Theresa May’s Brexit deal for a third time Friday, increasing the chances that the U.K.’s departure from the European Union will again be delayed and further pushing the country toward… Read More ›
The Pound Jumped And Asian Shares Rallied On Tuesday After The European Commission Agreed To Changes In A Brexit Deal
European Commission head Jean-Claude Juncker agreed to additional assurances in an updated Brexit deal with British Prime Minister Theresa May on Monday, but warned UK lawmakers would not get a third chance to endorse it. Sterling, which had risen ahead of the talks between May and Juncker, extended gains in hopes the changes may be enough to sway rebellious British lawmakers who have threatened to vote down May’s plan again on Tuesday.