Brexit continues to strain the economy of the United Kingdom. The rising prospects of the United Kingdom leaving the EU without a deal are pushing the pound to new lows.
Last week Prime Minister Boris Johnson shocked the markets further by announcing a plan to give the Parliament a whole month of a break, allowing them to return to work on October 14, just two weeks before the Brexit deadline. This way, Parliament would not have many opportunities to oppose the Prime Minister, who seems determined to take the UK out of the European Union without a deal.
In a reaction against this move and in an attempt to prevent the Prime Minister from causing too much damage to the UK economy, British MPs will hold a vote later today to block Johnson. If they succeed, the Prime Minister will be forced to ask for a 3-month delay to Brexit and organize early general elections in October. The bill has so far united MPs from different parties and may have a chance to succeed.
Today the UK Parliament is returning from a brief summer break. Dominic Raab is expected to speak first, then Boris Johnson, and only then, late in the afternoon, can MPs make a motion to discuss Brexit.
