UK Politics: May prepares for second round of indicative votes

'Very Grave': Theresa May's Brexit Deal Fails For the Third Time

NO 292 to 280 Second Referendum (E): A process motion that says Parliament shouldn't ratify or implement any withdrawal agreement until it has been approved in a referendum.

Conservative MPs across the board said they would block such a move, which requires two-thirds support in parliament. It is likely to get a majority today.

That suggests some investors have priced out the prospect of Britain crashing out of the European Union without a deal despite the political chaos, and instead expect a long delay to Brexit, or an agreement to emerge eventually under which ties to the trading bloc are closer than under May's deal.

Mr Bridgen added: "I don't have confidence in Mrs May but she has one chance to save the Conservative Party, to save our democracy and get us out of the European Union".

NO 282 to 261 Common Market 2.0 (D): The UK stays in the European Economic Area and rejoins the European Free Trade Association, giving it access to the EU single market.

Eight motions have been proposed and the opposition Labour Party is expected to put forward its plan this morning.

The news sent the company's share price diving 8.0 percent to £10.28 in early deals on London's FTSE 100 index, which was up 0.8 percent overall.

"I would like, in the coming hours and days, for Great Britain to reach an agreement on the way forward", he added.

This will be the second round of indicative votes, which are created to find an alternative to the options they were presented with on Wednesday.

"For the second half we are seeing softness in both the United Kingdom and Europe, which we believe comes from macroeconomic uncertainty and many unanswered questions surrounding Brexit which are together driving weaker customer demand", chief executive Johan Lundgren said in the update.

Parliament will vote on different Brexit options on Monday and then May could try one last roll of the dice by bringing her deal back to a vote in parliament as soon as Tuesday.

But it has been roundly rejected by lawmakers on both sides of Britain's Brexit divide.

Conservative former Attorney General Dominic Grieve, who has campaigned for a further referendum on the deal, is facing deselection after losing a vote of no-confidence in his Beaconsfield constituency.

May struck a divorce deal with the European Union last November, but it has been repeatedly rejected by MPs, the last time on Friday - even after she promised to resign if her rebellious Conservative colleagues helped push the deal through.

Northern Ireland's DUP - which has propped up Mrs May's minority government - also continues to oppose the deal.

Tory Brexiteer Steve Baker, who resigned as a Brexit minister over the PM's handling of negotiations, wrote in the Sunday Telegraph that Mrs May's deal "cannot be allowed to go through at any cost".

Slack rejected speculation that the government could take drastic actions, such as asking Queen Elizabeth II to suspend Parliament or getting her to refuse to sign legislation.

"They are the ones who will never forgive this generation of politicians if we allow this catastrophe to happen", he said.

UK Prime Minister Theresa May on 29 March. But a big shift by the Labour Party and other political maneuvering may change the math on Monday evening.

Senior Cabinet minister David Gauke said without a deal, direct rule was likely to be imposed leading to a hard border and threatening the stability of its position.

The range of choices, and lack of consensus, reflect a Parliament and a government deeply divided over how - and whether - to leave the EU. "I don't have any fear of no deal".

Should MPs be successful in achieving a majority for an alternative course, they may seek to legislate for the government to seek a long extension to the Brexit deadline with the EU.

European Commission chief Jean-Claude Juncker said Monday that it was time for the British Parliament to spell out what it wanted on Brexit.

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