LONDON: The issue of when, if and how the United Kingdom leaves the European Union remained up in the air after MPs on Tuesday rejected the withdrawal agreement sewed by Prime Minister Theresa May over nearly three years after the 2016 referendum.
The pound took another beating and business organisations expressed frustration and more over the continuing uncertainty over the way forward beyond March 29, when the UK is due to leave the EU.
Carolyn Fairbairn of the Confederation of British Industry said it is “time for parliament to stop this circus…Enough is enough. This must be the last day of failed politics. A new approach is needed by all parties. Jobs and livelihoods depend on it.”
The revised agreement package, reached in Starsbourg on Monday evening, was rejected in the House of Commons by 391 to 242; its previous version was resoundingly voted down in January. The continuing impasse threw up a range of options, including another referendum.
British PM Theresa May said: “I profoundly regret the decision that this House has taken tonight. I continue to believe that by far the best outcome is that the UK leaves the EU in an orderly fashion with a deal, and that the deal we have negotiated is the best and indeed the only deal available.”