'Industry should prep no-deal contingency plans' after fresh Commons defeat for Theresa May

Sterling volatility

Natalie Kenway
clock • 4 min read

UK fund groups have been urged to prepare for a no-deal Brexit by the Investment Association, after UK Prime Minister Theresa May saw another Commons defeat yesterday evening, with MPs voted by 303 to 258 - a majority of 45 - against an updated deal.

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 beats forecasts with record-breaking budget surplus in January

UK beats forecasts with record-breaking budget surplus in January

Borrowing 11.5% in the timeframe

Patrick Brusnahan
clock 20 February 2026 • 2 min read
UK 'fixation' with headroom undermining fiscal rules 'credibility'

UK 'fixation' with headroom undermining fiscal rules 'credibility'

Institute for Fiscal Studies

Cristian Angeloni
clock 19 February 2026 • 2 min read
Rate cuts expected after UK GDP inches up 0.1% at year-end

Rate cuts expected after UK GDP inches up 0.1% at year-end

Construction output lowest since 2021

Patrick Brusnahan
clock 12 February 2026 • 2 min read
Trustpilot