Brexit plan has 'decent chance' in key vote on Saturday: British Finance Minister Javid

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WASHINGTON (REUTERS) - Britain's new Brexit deal has a 'decent chance' of clearing a crucial vote in the country's parliament on Saturday and the alternative is to leave the European Union without a deal on Oct 31, finance minister Sajid Javid said on Thursday (Oct 17).. Read more at straitstimes.com.

WASHINGTON - Britain's new Brexit deal has a"decent chance" of clearing a crucial vote in the country's parliament on Saturday and the alternative is to leave the European Union without a deal on Oct 31, finance minister Sajid Javid said on Thursday .

Instead, Javid said parliament had to understand that the plan would end the uncertainty that has dogged the world's fifth-biggest economy since voters decided to leave the EU more than three years ago. "It is the right thing for that reason but also ... and this is such an important point, it is also the right thing for our democracy." Johnson has said he will take Britain out of the EU on Oct 31, if necessary without a transition deal to smooth the shock.

Javid also said the process for appointing the next governor of the Bank of England was on track and was going"very, very smoothly."

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