'Legally binding' changes to Brexit deal after Theresa May's dash to Strasbourg

'Legally binding' changes to Brexit deal after Theresa May's dash to Strasbourg

'Legally binding' changes to Brexit deal after Theresa May's dash to Strasbourg

The U.K.is set to leave the bloc on March 29 as a result of a 2016 referendum where British voters made a decision to leave the union after more than 40 years of membership. May has repeatedly warned about the "potential damage to the union" that could be caused by a no-deal Brexit.

Concerns over the border measure were the main reason Britain's parliament rejected the deal in January.

Should MPs reject that, there will be another vote on whether Parliament wants to seek an extension to Article 50 - delaying the UK's departure beyond the current March 29 deadline.

"If the votes go this week in a way which means that the prime minister's policy as she has set out and stuck to rigidly over the course of the last two-and-a-bit a years is taken away, dismantled slowly by Parliament this week, I think it would be very hard for the prime minister to stay in office for very much longer", Morgan told the BBC.

The European Research Group (ERG) may conclude that the risk of losing Brexit is not worth it, and they prefer a bad deal over uncertainty.

Struggling with a croaky voice, Mrs May said she still believed that leaving with a deal was the best option for Britain and "the deal we've negotiated is the best and indeed the only deal available".

- So what happens on March 29?

One of the changes includes a "legally binding joint instrument", which is created to reduce the risk that the United Kingdom can be deliberately held in the Northern Ireland "backstop" indefinitely.

Both sides agreed on a legally-binding "joint instrument" that would prevent the European Union from applying the deal's so-called Irish backstop indefinitely, May said.

Cox's legal opinion came as I was on air live with my latest trader sentiment webinar so I discussed the markets' reaction as well as market sentiment more generally.

Opposition Labour leader Jeremy Corbyn also urged parliament to vote down May's plan.

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"The legal risk remains unchanged", Cox said.

"There is a growing feeling that Tuesday should be a straight up-down vote on the deal", Keir Starmer, Labour's Brexit spokesman, told Sky News.

Charles Walker, vice chairman of the 1922 Committee of backbench Tory MPs, said defeat in Tuesday evening's meaningful vote would lead to a general election.

Ms. May said the changes should overcome lawmakers' qualms about a mechanism in the deal created to keep an open border between Britain's Northern Ireland and European Union member Ireland.

YouGov said the change was sparked by Brexit-supporters.

At a late-night news conference Monday in Strasbourg, France, May and European Commission President Jean-Claude Juncker announced changes created to overcome lawmakers' concerns about provisions created to ensure the border between EU member Ireland and Britain's Northern Ireland remains open after Brexit.

European Commission President Jean-Claude Juncker said on Monday that there would be no "third chance" to get an improved deal.

Even if the deal is approved, Brexit Secretary Stephen Barclay said there might need to be a "technical extension" so that all the needed laws can be passed.

Their leaders will meet in Brussels for a summit on March 21-22.

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