Theresa May asks MPs for more time on Brexit

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Mr Robbins suggested the strategy would be to tell the Commons in the final week of March that if an amended version of the government's deal wasn't passed, talks would have to be extended, potentially for a long time, ITV reported on Tuesday.

Although MPs could try and engineer votes this Thursday that could reshape Brexit, the expectation is that they will now wait for Mrs May's next update on Tuesday February 26. "We now all need to hold our nerve to get the changes this House requires and deliver Brexit on time".

She promised to update Parliament at the end of the month but there is growing concern the talks will drag on into March and that the last chance to strike a deal will be at a two-day summit of European Union leaders starting on March 21, just eight days before the United Kingdom is slated to leave the bloc. May can strike a compromise that will win over critics.

May went to Brussels last week in an attempt to secure changes to the so-called backstop arrangement created to avoid border checks between Northern Ireland and the Republic of Ireland. Opponents, including dozens of Ms.

Pro-Brexit MPs in May's Conservative Party are unhappy particularly with a so-called backstop provision meant to keep the border with Ireland free-flowing. The EU and Ireland have insisted the backstop must remain in order to uphold the provisions of the 1998 Good Friday Agreement which ended decades of sectarian violence and eliminated border controls between Ireland and Northern Ireland.

The move exemplifies bureaucratic hassles that non-EU countries like Switzerland face in adapting to a no-deal Brexit scenario.

But the prime minister again ruled out the prospect of the United Kingdom remaining in the EU's customs union, the main demand of Labour leader Jeremy Corbyn. "It's not possible to predict the future", Ms Leadsom told the BBC.

A senior member of the European parliament later ramped up the rhetoric, comparing pro-Brexit MPs to French revolutionaries.

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Mrs May sought to appease restive MPs on both sides by promising them "a bigger say" in the negotiations for a longer-term deal with the European Union, which will be thrashed out in the coming 18-plus months after Brexit day.

Mrs May did nothing to allay those suspicions when she said that "every time somebody votes against a deal, the risk of no deal increases".

"The combination of Brexit uncertainty, slowing world - and United Kingdom - economic growth and lower forecasts for inflation suggests a far slower normalization of policy", said George Buckley at Nomura, who pushed back his expectation for the first hike to November from May.

Figures released this week showed the British economy barely expanding at the end of a year ago, as business investment, manufacturing output and construction all declined.

For his part, Bank of England chief Mark Carney warned that leaving the European Union without a transition deal "would be an economic shock for this country", and said Brexit was an "acid test" of the globalised economy. Bank of England governor Mark Carney last week said "the fog of Brexit" was to blame for the bank's equally grim forecasts of a continued growth slowdown in 2019.

"Although the economic headwinds have increased in recent quarters, the most likely way in which a recession will be triggered is if Brexit goes badly wrong", said Peter Dixon at Commerzbank. "We are 45 days before the possibility of it", Mr.

"I am sure that when a meaningful vote has been agreed in this house then every member. will want to ensure that they are able to operate on a timetable that enables us to leave at the end of the two year period agreed", May added.

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