Theresa May's Brexit deal, as expected, voted down! (by 432 to 202 votes!)

[SteveB]

I know this is serious but it really does belong in the "Soap Opera"
Brexit deal rejected by the Commons - 432 to 202. This is the biggest government defeat in modern times.

Ignominious record; Previous worst-ever defeat for a British government was 1924 when Ramsay Macdonald’s Labour minority government lost by 166 votes.

We do live in interesting times!

[SteveB]

She has no obvious successor but how can she continue? Or even, how can BREXIT now even occur? Not an orderly BREXIT anyhow!

[Barney Rubble]

I know this is serious but it really does belong in the "Soap Opera"
Brexit deal rejected by the Commons - 432 to 202. This is the biggest government defeat in modern times.

Ignominious record; Previous worst-ever defeat for a British government was 1924 when Ramsay Macdonald’s Labour minority government lost by 166 votes.

We do live in interesting times!

It's bin a total catastrophe since that prick Cameron agreed to a Brexit vote to appease those in his own party and UKIP.

Then he just fucks off lak!!

Then May calls an election thinking she will gain seats from Corbyn but ends up with a minority depending on Arlene & co!!

Don't think Corbyn will win the no confidence vote as the DUP love having that bit of power and definitely wouldn't like Gerry Adams mate Corbyn as PM.

British politics is a joke.

Well we're used to that in the North with Stormount!!

[Barney Rubble]

She has no obvious successor but how can she continue? Or even, how can BREXIT now even occur? Not an orderly BREXIT anyhow!

Callaghan in 1979 lost by 89. We all know the cant that succeeded him .

[SteveB]

I thought from the start that there was a good chance BREXIT would never happen.

Despite what they say, a second referendum must be close now.

[Barney Rubble]

I thought from the start that there was a good chance BREXIT would never happen.

Despite what they say, a second referendum must be close now.

I've said that from day 1 myself Steve but the UK is very devided already and that's why May has rubbished a second referendum but I honestly think it's the only answer.
If the British public vote to leave again (a lot believed the lies last time and were VERY gullible) then fuck knows what will happen.

[SteveB]

We're all F**ked...

The money you have will be worthless in a few weeks..

So go spend it..

Sterling will be hit hard. But the Euro will suffer too.

[Barney Rubble]

Sterling will be hit hard. But the Euro will suffer too.

Strangely enough sterling rose by almost a cent this evening.

[Barney Rubble]

Not the only thing that rose today....

Ah keep quiet you please - I haven't got the ride since last year ffs !!

[SteveB]

Strangely enough sterling rose by almost a cent this evening.

The deal Theresa May had was not seen as a good one. Better than a hard Brexit but still not good.
The markets believe the vote makes a softer Brexit more likely. Investors believe if Theresa May is forced to compromise she will compromise in the direction of those who would prefer a Brexit that more closely resembled a customs union or Norway arrangement.
The vote also means that it is also more likely Brexit may not happen at all.
She should also win her confidence vote, a serious setback for Jeremy Corbyn, a man not liked by investors.

However, despite the slight rise, Sterling still has taken a battering over the Brexit fiasco.