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MPs Debate Brexit Withdrawal Agreement in Parliament - Watch Live

Published 29/03/2019, 10:01
© Reuters.

Investing.com - Members of Parliament debate the Withdrawal Agreement in the House of Commons on Friday before putting it to a vote during a special sitting of Parliament.

The 'Meaningful Vote 2.5' debate and subsequent vote can be watched live in the video link below. Voting will take place at 14:30 GMT.

MPs will thrash out a debate on whether to support Prime Minister Theresa May's loathed deal on the day the U.K. was expected to leave the European Union, with or without a deal.

According to the terms set out by the EU last week, Theresa May has until today to pass the Withdrawal Agreement in Parliament in order to leave by 22 May. As it stands, should the PM fail to get the agreement through Parliament, the U.K. will crash out of the bloc without a deal on 12 April.

Lawmakers will not vote on Theresa May's deal in its entirety, only voting on the 585-page EU Withdrawal Agreement and not the 26-page Political Declaration, which details the future relationship between the U.K. and the bloc.

By separating the two sections of the deal, government can put the vote to the House. Last week the Speaker of the House of Commons, John Bercow, said that Theresa May could not ask lawmakers to vote on her already defeated deal if it were 'substantially the same'.

Over the course of the past few days Theresa May has managed to convince some of her Conservative party rebels to back her deal by promising her resignation in the event that her deal passes. The danger of a long extension or no Brexit at all has convinced some hard-line Brexiteers to accept her deal as it is the best of a bad bunch of alternatives.

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Despite this last minute pledge of support, it is still uncertain if May will be able to gather the numbers to push the deal through. The opposition Labour party said on Thursday they would not vote for it as it is a 'Blind Brexit' and the kingmaker Democratic Unionist Party - the 10 seats which prop up Theresa May's minority government - have also said they will not support it.

The most likely outcome of the bill failing is that May will ask the EU for a longer extension to the Brexit deadline of April 12th, accepting that this will mean taking part in EU parliamentary elections in May.

The pound moved lower against both the dollar and euro as the default scenario remains the world's fifth largest economy leaving the EU without a deal.

Watch the debate and subsequent vote live in the video link below:

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