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Pound gains Theresa May says lawmakers will vote on final Brexit deal

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Pound posts biggest gains since 2008 as Theresa May promises to put Brexit plan to Commons vote

Pound posts biggest gains since 2008 as Theresa May promises to put Brexit plan to Commons vote*/

– The pound jumped sharply on Tuesday after Prime Minister Theresa May said in an eagerly anticipated speech that she wanted the UK to emerge from Brexit negotiations “more united” and “outward looking” than before.Ms May, in a speech at Lancaster House, emphasised Britain’s aim to build relationships outside of the European Union while remaining a “best friend” to the bloc, sending the pound rallying against the dollar.In afternoon trading, sterling hit $1.2397, a rise of nearly 3 per cent on the day, putting it on course for its biggest one-day rise against the US dollar since 2008.
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Pound gains Theresa May says lawmakers will vote on final Brexit deal

Pound gains Theresa May says lawmakers will vote on final Brexit deal*/

– Stefania Spezzati and David GoodmanbyThe pound advanced the most since July as Prime Minister Theresa May said British lawmakers will get a vote on the final deal for the nation’s exit from the European Union.The currency strengthened as May made the announcement in a speech laying out the government’s Brexit strategy, which involves pulling out of the EU’s single market.Sterling is rebounding from Monday’s biggest decline in a month that reported the main substance of May’s speech without the additional detail on the parliamentary vote.
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Pound enjoys best day since 2008 and FTSE 100 falters after Theresa May promises parliament vote on Brexit

Pound enjoys best day since 2008 and FTSE 100 falters after Theresa May promises parliament vote on Brexit*/

– The Prime Minister will make regaining control of Britain’s borders one of the central themes of her Brexit strategy and will also make clear that the rights of UK expats will be protected.She will make clear for the first time that Britain will not seek a watered down version of Brexit, something that Remain campaigners are still pushing for.The Prime Minister will say that Britain is quitting the single market and although she will be less explicit on the issue of the customs union, her remarks will make clear that after Brexit the UK will no longer be a member.
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