Newsdeck: May's Brexit Deal Wins Support -- But Price Might Be Her Job By Bloomberg
With Parliament preparing to vote on rival plans that could soften Britain’s departure from the European Union — or cancel it altogether — Brexit-backers in May’s Conservative Party began to signal that they could shift and back her deal in preference to risking their prize. But several said the prime minister would have to go.
A no-deal Brexit threatens the kind of economic crash that would hit the pound, disrupt goods supplies and provoke a major slump in house prices, according to official analysis. May’s divorce agreement has been rejected twice in parliamentary votes by huge majorities — but there is almost no support for leaving without a deal.
Even if May can convince more of her colleagues to back her blueprint, it could all come too late, after she lost control of the parliamentary agenda in an almost unprecedented power-grab by rank-and-file politicians. Under their plan, members of Parliament will vote at 7 p.m. on the competing visions of Brexit, using paper ballots that will let them back as many options as they like. The result is likely to come after 8:30 p.m. London time.
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