Brexit: What happens now after Theresa May's historic Withdrawal Agreement defeat?

Possible options before 29 March

Mike Sheen
clock • 3 min read

Prime Minister Theresa May has been forced to rethink her Brexit agreement with the European Union, but still faces the challenge of satisfying growing frustration across the House of Commons with the potential outcomes for the UK's future relationship with the bloc.

May, who narrowly survived a vote of no confidence in the Conservative-led Government shortly after a historic Commons defeat on her Withdrawal Agreement and political declaration, will return to Parliament on Monday (21 January) to lay out her ‘plan B' for negotiating with the EU. Markets hardly moved during the events of last week, with much of the political uncertainty surrounding Brexit already priced in. Sterling remained relatively stable, moving up just under 1% between 15 and 16 January, while the FTSE 100 fell about 0.4% over the same period. Neil Birrell, chief investment...

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