Britain’s parliament strongly rejects Theresa May's Brexit divorce deal

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Earlier, Cabinet Office minister David Lidington said that the government had "secured legally binding changes that strengthen and improve the withdrawal agreement and the political declaration". "It is this deal or Brexit might not happen at all", he said.

European Commission chief Jean-Claude Juncker warned that the stakes were increasingly high, ahead of a vote by British lawmakers on the deal on Tuesday.

On the eve of a crucial vote in the House of Commons on Prime Minister Theresa May's divorce deal, Michel Barnier said the British leader must negotiate with MPs rather than the EU.

May is to open a debate in the House of Commons Tuesday that will conclude Tuesday night with a vote on the "improved" deal she has brokered with the European Union on Britain's relationship after it ends its membership of the regional bloc.

Currency expert Stafford-Taylor added: "However, if parliament vote against May's deal there will be a fresh vote to consider tomorrow which could further influence to the pound's movement".

Although the party's leader Jeremy Corbyn has said he and his MPs will vote against, it is thought some have been convinced to back the deal and vote in favour.

However, there is potentially a long road ahead for Britain as there are a number of hurdles that need to be overcome in order for Britain to leave the European Union with a deal in place.

Lawmakers rejected the deal in a 391-242 vote, ignoring May's entreaties to back the agreement and end the political chaos and economic uncertainty that Brexit has unleashed. In the event that this vote also fails, a third vote will be held on Thursday that will determine if the United Kingdom would be open to extending negotiations past the March 29 deadline.

But the momentum moved sharply against the Prime Minister shortly afterwards, as Attorney General Geoffrey Cox released formal legal advice that the changes secured by Mrs May "reduce the risk" that the backstop will be permanent, but do not remove it altogether.

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"The prime minister has recklessly run down the clock, failed to effectively negotiate with the European Union and refused to find common ground for a deal parliament could support".

Another defeat in parliament could see Britain sever ties with its closest trading partner on March 29th with no new arrangements, causing huge disruption on both sides of the Channel.

The back-stop measure is meant to reassure Britain it won't be trapped forever in a mechanism created to prevent a hard border between Ireland and Northern Ireland.

The latest pact stressed the "legal force" and "binding character" of the withdrawal agreement.

The UK leave is scheduled for 29 March, but it is less than certain if the date will be respected.

Referring to Mrs May, Mr Walker said: "She will lead us into that general election". If politicians vote for a no-deal that means the United Kingdom will leave the bloc on 29 March without any rules of regulations in place to replace those that were in place during the membership of the EU.

"Discussions are ongoing between ourselves and the EU", May's spokesman told reporters, insisting that Tuesday's vote would take place as planned.

May said after the vote that she "profoundly regrets" the House of Commons' rejection of the deal and that delaying Britain's departure won't solve the underlying problem.

But the main opposition Labour Party maintained its opposition to the deal.

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