'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 labour market cools further as BoE expected to hold rates

UK labour market cools further as BoE expected to hold rates

MPC meeting today (18 June)

Cristian Angeloni
clock 18 June 2026 • 2 min read
Warsh's first Fed meeting signals 'new chapter' as hike anticipated this year

Warsh's first Fed meeting signals 'new chapter' as hike anticipated this year

Fed holds rates

clock 18 June 2026 • 3 min read
Nine in ten central bank managers expect gold rush to continue

Nine in ten central bank managers expect gold rush to continue

World Gold Council survey

Alex Sebastian
clock 16 June 2026 • 2 min read
Trustpilot