Wednesday, 12 October 2016 09:35

The pound rises up to $1.23

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So, the pound has risen up to $1.23 since yesterday evening.

Is this due to Theresa May having given her MPs a way to back a Labour motion on Brexit without opposing her will?

The Prime Minister was pushed into allowing Tory MPs to vote for a Labour motion calling for greater scrutiny of her Brexit proposals, after it became clear some were planning to do so anyway.

The Labour Party motion, demanding that MPs scrutinise Theresa May’s negotiating position before she starts withdrawal talks with other EU member states, is not legally binding on the government, but has underlined the weakness of the Prime Minister’s position in Parliament.

Perhaps the result of court action this week, regarding contesting Theresa May and her use of the, "Royal Prerogative", will show that this Tory Government are not fit for purpose.

Last modified on Wednesday, 12 October 2016 22:02

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