Update: PM May faces backlash over draft Brexit deal as details begin to emerge

Irish border remains contentious issue

Natalie Kenway
clock • 4 min read

Prime Minister Theresa May is facing a potential backlash from MPs over her draft Brexit deal, especially the proposals surrounding the Irish border, despite securing backing from Cabinet ministers following yesterday's five-hour meeting.

Cabinet ministers in the UK and EU ambassadors on the continent took over five hours to study the draft document, which counts 585 pages. Although the deal has been backed by Cabinet, the PM is not out of the woods yet, as she faces a grilling from MPs over the agreement, while there has been speculation there could still be a vote of no confidence in May and resignations from Cabinet could begin as early as today. Meanwhile, Labour MPs have launched a petition to calling on Jeremy Corbyn to back a people's vote on whether Brexit should go ahead, according to the Guardian. May is d...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

UK consumer confidence hits two-year high as disposable income rises

UK consumer confidence hits two-year high as disposable income rises

Deloitte Consumer Tracker

Cristian Angeloni
clock 19 April 2024 • 2 min read
UK retail sales flatline as consumers cut back on food

UK retail sales flatline as consumers cut back on food

Following 0.1% increase in February

Cristian Angeloni
clock 19 April 2024 • 1 min read
Bank of England's Andrew Bailey: UK is 'on track' to tame inflation - reports

Bank of England's Andrew Bailey: UK is 'on track' to tame inflation - reports

‘Pronounced’ disinflation period

clock 18 April 2024 • 1 min read
Trustpilot