Brexit has continued to dominate the markets’ attention in the past 24 hours, with a new deal yesterday then the vote on that deal in the House of Commons last night. A vote on the revised further 11th hour deal nutted out between Prime Minister May and Juncker has been lost in the Commons by a resounding 242-391. PM May announced to the Commons that she will proceed with a vote this evening on whether to leave on 29 March without a deal. The news is that PM May has told the Commons that this will be a ‘free vote’ for Tory MPs, allowing Conservatives, including cabinet ministers to vote against the government and not be sacked or forced to resign. That vote seems certain to go against the government as well. In other words, there is a majority in Parliament that will wish to avoid a ‘no deal’ crash out Brexit deal.
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