European stocks seen higher as UK rebels close to blocking no-deal Brexit

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

European stocks are set to open higher on Wednesday after British lawmakers defeated Prime Minister Boris Johnson's government in a vote to seize control of parliamentary business, moving closer to blocking a no-deal Brexit.

In the House of Commons on Tuesday night, MPs voted to allow a bill to block a no-deal Brexit to be introduced, defeating the government by 27 votes as 21 lawmakers from Johnson's own ruling Conservative party voted with the opposition.

Johnson said following the vote that he would table a motion for a general election, but main opposition Labour party leader Jeremy Corbyn said he will not back the early election unless the bill ruling out no-deal is passed first. Asian stocks were mixed on Wednesday afternoon as a private survey showed Chinese services sector activity jumping to a three-month high in August.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Id be so pissed if i was pro-brexit. Pro EU politicians are a disgrace to democracy. The people spoke...

Europe doesn’t need Brexit!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks seen mixed as UK prepares for Brexit showdownEuropean stocks pointed to a mixed open Tuesday morning, with British opposition lawmakers bidding to seize control of the House of Commons and stop the U.K. leaving the European Union without a deal on October 31. I believe that they don’t manage to do a deal, but that’s just my opinion.
Source: CNBC - 🏆 12. / 72 Read more »