Brexit Delayed Yet Again

Brexit Delayed Yet Again

Written by: PaxForex analytics dept - Monday, 28 October 2019 0 comments

Another delay is in the process of being formalized. The length of the extension is three months in order to give the UK time to implement the PM Johnson’s Brexit deal which received majority support in Parliament. France wanted a shorter extension than most other members prefer. UK PM Johnson is pushing for an election on December 12th while two opposition parties, the SNP and the Liberal Democrats, push for an election even sooner. MPs will vote today on Johnson proposal for a December 12th election, but with opposition even from his DUP allies it appears a tough agenda to secure the two-thirds majority required.