Following the historic defeat last time the withdrawal bill was voted on, MPs are tabling amendments in order to gain enough votes for it to pass and for Britain to have a Brexit Deal.
The amendments that have been selected for a debate in the House of Commons are:
All of these amendments indicate a softer Brexit. If one or more are incorporated into the Brexit Bill and Parliament passes the amended Withdrawal Bill this evening, Sterling could rise by circa 5% in the short to medium term. A hard Brexit will have been avoided and the transitional period (of at least 2 years) will mean we avoid a "cliff-edge exit".
A series of votes on the amendments is expected from 19:00 GMT.
If you are thinking of making a foreign currency exchange, why not call in now?
Posted in Personal Resources on Jan 29 2019