Blog


PM Has Backing From Her Party

Theresa May received a show of support from her Conservative Party at a meeting in parliament, shifting the focus away from talk of an imminent leadership challenge over her Brexit strategy.

May has angered both supporters of Brexit and pro-EU lawmakers since failing to clinch a deal at an EU summit last week by raising the possibility of extending a post-Brexit transition period to help ease the deadlocked negotiations.

Her arrival at the packed meeting was greeted with cheers and some of those who heard her speak said it had gone well. Other attendees complained the event had been heavily stage managed to distract from their dissatisfaction.

With just over five months to go until Britain’s scheduled departure from the EU on March 29, May’s Brexit negotiations have stalled over a disagreement on a fall-back plan for the border between Northern Ireland and Ireland.

The pound is holding ground against the euro this morning, trading at the same levels as yesterday as Brexit dominates headlines and exchange rate movement.

Leave a Reply

Your email address will not be published. Required fields are marked *

ten + eighteen =

What's Going On?

Currencies 4 You Limited is a company registered in England and Wales (registered no. 06866898). Registered office: Regus House, Victory Way, Admirals Park, Crossway Dartford, DA2 6QD. Currencies 4 You's Payment and Foreign Currency Exchange Services are provided by Ebury Partners UK Limited. Ebury Partners UK Ltd is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution. Reference number: 900797. Ebury Partners UK Ltd is registered with the Information Commissioners Office, with registration number: Z209673X | Terms and Conditions | Privacy Statement | Careers