Hot Topics :

Theresa May Weighs Move to Restrict No-Deal Brexit Threat

Prime Minister Theresa May will make a call Tuesday that could water down her threat to crash Britain out of the European Union without a deal, according to a person familiar with her thinking.

May, whose cabinet is due to meet in the morning, is said to be weighing whether to accept a plan drafted by pro-EU politicians who want to make it harder to leave the bloc without a divorce agreement.

The proposal in question — an amendment to the Finance Bill — is intended to limit the Treasury’s tax raising powers if there’s a no-deal split.

May’s advisers will wait until they know if the proposal has been selected for a vote in Parliament on Tuesday before announcing if they will back it or oppose it. That the premier’s team is even thinking of accepting the proposed change to her key budget legislation is a sign of how weak her position is as she battles to steer Britain out of the EU.

Subscribe to All Around the World

Get your daily dose of news & info from All Around the World

Sign up to All Around the World for FREE and receive our daily emails.

Popular Topics

  • White House opens door to tolls on interstate highways, removing long-standing prohibition
  • BILL CLINTON: ‘I THANK GOD EVERY APRIL 15TH’ I GET TO PAY MORE TAXES
  • OBAMA EPA CHIEF REGINA MCCARTHY: POLLUTION HOLDS AFRICAN-AMERICANS BACK
  • NBA CAN’T LEGALLY TERMINATE STERLING’S OWNERSHIP
  • White House on defense over new Benghazi emails, claims controversial ‘prep call’ not about attack

Going Somewhere Soon?

Whether you're traveling for business or pleasure, playing with points or seeking another fabulous review, we can help. All Around the World editors have been there, done that, and probably eaten it too. Join us for travel, meal and lifestyle tips today.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.