Home Current Pound Soars as U.K. Parliament Rejects No-Deal Brexit From EU

Pound Soars as U.K. Parliament Rejects No-Deal Brexit From EU

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Pound Soars as U.K. Parliament Rejects No-Deal Brexit From EUThe result means Parliament will vote Thursday to decide whether to postpone the U.K.’s exit from the EU in just over two weeks. The development came after Parliament a day earlier rejected a revised version of the withdrawal agreement that Prime Minister Theresa May has spent the past two years negotiating with the EU. May is planning to ask the EU for an extension to the March 29 Brexit deadline lasting about two months, according to people familiar with the matter.