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Brexit: What You Need To Know...

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Brexit: What You Need To Know Today

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After a one of the busiest days of Brexit to date yesterday, British MPs are set for yet another vote this evening.

They will decide later if they want the UK's withdrawal from the EU to be delayed.

It follows last night's defeat for Theresa May in the House of Commons, with MPs rejecting a no deal Brexit under any circumstance.

So where do we stand now?

Here's what you need to know from the last 24 hours, and what's to come:

  • MPs rejected a no deal Brexit under any circumstance last night.
  • Retail NI and Retail Excellence said the UK Government's proposals for a no-deal tariff regime made for frightening reading for retailers on both sides of the Irish border.
  • A package of measures is to be introduced by the Irish Government next week to support farmers, fishermen and businesses to cope with growing uncertainty.
  • The President of the European Council Donald Tusk says he is "open to a long extension" to Brexit if Britian needs to rethink it's strategy.
  • Uncertainty over Brexit is leading people to save more, with the latest Bank of Ireland Savings and Investments Index shows saving sentiment hit an all time high in February.
  • MPs will vote at some stage today on whether or not to extend UK's departure to June 30th.

And with only 15 days left until the UK are due to leave the EU, the uncertainty continues to grow.

via GIPHY


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