The British lawmakers overwhelmingly rejected Prime Minister Theresa May’s idea to leave the counter part EU on Tuesday.Facing a worst parliamentary defeat of 432-202 votes in Brexit deal, Theresa May to face no-trust vote.
Lawmakers will vote Wednesday on his motion of no-confidence. Even she fails in it the Theresa May government will become a history and Britain will face another election.
Even though the defeat was widely expected the huge margin which remained against May shows the perspective of the British.The United Kingdom is now ensnared in the deepest political crisis in half a century as it grapples with how, or even whether, to exit the European project that it joined in 1973.
After the historic vote, British currency fell below $1.27, its lowest level since Jan. 4, as investors worried that Ms. May’s likely defeat would open a range of outcomes, from resurrecting her deal to leaving the EU with no deal or even another referendum that could halt Brexit. The pound was trading at 89.51 pence against the Euro.