Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

Brexit Series: Theresa May succumbs to pressure; announces resignation

The UK Prime Minister Theresa May has finally succumbed to pressure from within her own Conservative Party and announced that she would be resigning from her post effective June 7th.

  • The latest round of pressure came after her Conservative Party’s House leader Andrea Leadsom has resigned to protest Mrs. May last attempt to push one of the agreements, which according to her critics, is the old agreement which already failed to pass, just with added sweeteners. Andrea Leadsom’s resignation as Leader of the Commons marked the 36th ministerial resignation during May’s troubled tenure.
     
  • In Agreement with the European Union, Brexit has been delayed until October. However, Britain will remain unprepared even then if the political gridlock continues in Westminster.
     
  • All three attempts to pass Prime Minister May’s agreement failed miserably in the past and her fourth attempt seems to have finally cost her the Prime Minister's post. However, there could still be voting done on the fourth agreement.  
  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 18 06:00 UTC Released

ROCar Registration YY

Actual

12.6 %

Forecast

Previous

13.9 %

June 18 06:00 UTC Released

ROCar Registration MM

Actual

49.7 %

Forecast

Previous

-11.4 %

January 31 00:00 UTC 724724724724m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 724724724724m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 736544736544m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 724724724724m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 736544736544m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 724724724724m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 724724724724m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 724724724724m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.