Published 22:57 IST, October 18th 2019
Brexit: Prime Minister Johnson to bet it all on Super Saturday vote
Britain's exit from European Union hangs in the balance as of Friday as Boris Johnson rushed to persuade doubters to rally behind last-minute Brexit deal.
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Britain's exit from European Union hangs in the balance as od Friday as Prime Minister Boris Johnson rushed to persuade doubters to rally behind last-minute Brexit deal in an incredible vote in parliament. Johnson said that Britain has got a great new deal that takes back control and that parliament should get Brexit done on October 19.
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Numbers too close to call as Johnson achieves Deal with EU
In what was one of the key highlight of unfolding Brexit negotiations, Johnson astonished his critics on October 17 by striking a new deal with the European Union, even though last year it said that it would never reopen the treaty agreed to. The star campaigner of Brexit campaign in 2016 referendum must now ratify the deal in the British parliament where he has no majority and opponents plan political damage ahead of an expected general election.
Reports suggest that, currently, the numbers are too close to call as Johnson must get 318 votes in the 650 seat parliament to get a deal approved. Yet his Northern Irish allies and three main opposition parties have said that they will vote it down.
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Other developments
Reportedly, Johnson said that Britain has got a great new deal that takes back control and that parliament should get Brexit done on October 19 since the first Saturday sitting since the 1982 Argentina invasion of the Falkland Islands.
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If he wins the vote, Johnson will be named the leader who delivered Brexit for good or bad. If he fails, Johnson will face the humiliation of Brexit after repeatedly failing to deliver despite promising that he would get it done.
Goldman Sachs said that it thought the deal will pass and raised its estimate of Brexit with a deal on October 31 to 65% from 60%. That will cut its odds of a no-deal exit to 10% from 15% and kept unchanged its 25% probability of no Brexit.
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Britain's currency pound meanwhile is at a five-month high of $1.2874 against the dollar which is down from October 17 peak of $1.2988.
(With inputs from agencies)
18:47 IST, October 18th 2019