Here's what City of London banks are telling clients ahead of tonight's crucial Brexit vote

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It's the most important vote of 2019 so far as British Members of Parliament (MPs) decide whether to back Theresa May's Brexit deal.

 

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UK parliament votes on Theresa May's Brexit dealLONDON - British parliament votes on Prime Minister Theresa May's Brexit deal after raucous debate. mcm_ct Brexit Parliament Vote Parliament should vote on 1. A time limited back stop of 2 years. 2. A time limited back stop of 5 years but UK allowed to implement rest of the world trade agreements. Then go back to EU and TELL THEM WHAT WE WILL ACCEPT or it's option 3 = NO DEAL
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Brexit: Where will the UK end up: fudge, no-deal exit or halting Brexit?With just 10 weeks until the United Kingdom is due to leave the European Union, ... I HAVE OFFERED TO SAVE THE UK. INSTEAD OF DEALING WITH THE BREXIT I HAVE OFFERED TO LET THE UK BECOME A UNITED STATES TERRITORY INSTEAD. MAGA We must leave on WTO terms. Ideal world second referendum questions: Hard Brexit May's Deal No Brexit Reunification of Ireland Brexit SecondReferendum HardBrexit SoftBrexit
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Brexit - Where will the UK end up: fudge, no-deal exit or halting Brexit?With just 10 weeks until the United Kingdom is due to leave the European Union, it is unclear how or even whether the divorce will take place. via GuyReuters AndyMacaskill What compromise deal? The EU said they are not re-negotiating. Who and what is May compromising for a new deal to vote on? All at the 11th hour. Seems like halting Brexit is the best choice. One option..... Brexit Task is hard for PM to break down this deadlock on Brexit in the house because difference between 'yes' and 'no' is very big as for above proposal I don't think all three are that lucrative to fill the rift.
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Future Of Theresa May's Brexit Deal, And Brexit Itself, Hinges On Pivotal VoteThe U.K. prime minister delayed a critical vote last month because her deal didn't have enough support. Now, the vote is back on — but its odds of approval still look long. What happens if it fails? We have no f***ing clue. Also there's a good chance the Prime Minister will just bring the same motion back to Parliament in violation of the guidance regarding motions that can be brought forward. British colonialism in Ireland is coming back to bite them hard in the behindstop. People already voted on brexit but the powerful elites don’t want that so here we are 2 years later with a song and dance. Corruption all the way to the top. People be damned
Source: NPR - 🏆 96. / 63 Read more »

UK risks Brexit paralysis and possibly no Brexit at all: foreign ministerBritish lawmakers, who look set to reject Prime Minister Theresa May's Brex... We will take that risk ...thanks Which part of democracy is difficult for you to understand? We are leaving the EU one way or another. Will not let this country be turned into a un-democratic tin pot nation. Remoaners, snowflakes & leftists are going to ignite a fire the will regret starting The democratic referendum instruction from the British people will be enforced
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UK Brexit minister denies Telegraph report on delaying BrexitBritain's Brexit Secretary Stephen Barclay on Tuesday denied a Daily Telegr... So that's happening then. He denied involvement in it and stated govt policy. That's not denying that it's happened. Gowonn do it for the bants
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City of London analysts are warning clients to prepare for a UK election this year as May's Brexit deal collapsesThe UK is increasingly likely to have a general election in 2019 amid uncertainty over Prime Minister Theresa May's Brexit deal.
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Eisman of ‘Big Short’ fame says he’s shorting U.K. banks because nobody has ‘any idea’ about ‘economic impact of Brexit’Steve Eisman of 'The Big Short' fame says he’s betting against U.K. banks amid a testy Brexit negotiation
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EU to ensure banks' access to UK clearing houses in no-deal Brexit: ECBThe European Commission will take temporary measures to maintain banks' acc... Uk might say no. There's a big difference in the words: assure, ensure and insure. I had a friend in Federal Prison that sold $80 in $10 Assurance Policies in the back of comic books and the BOP wanted to keep the money. So much like trade, clearing will continue as usual for an undisclosed period of time in a no deal brexit scenario. The cliff edge is crumbling away.
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Dow futures near breakeven | May's Brexit deal fails | More banks to report earningsFutures are hovering close to breakeven ahead of the Wednesday session as the market assesses the impact of the failed Brexit vote.
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