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Brexit Pressure Mounts As UK's May Delays Key Vote

Law360, London (February 12, 2019, 4:44 PM GMT) -- Prime Minister Theresa May on Tuesday delayed a key parliamentary vote on Brexit until as late as Feb. 27, creating further uncertainty for banks and insurers that fear Britain will crash out of the European Union in just over six weeks.

MPs had been due to vote on the government’s Brexit plans on Wednesday, but May told Parliament she was pushing back the date amid continuing disagreement with Brussels over a temporary customs mechanism known as the backstop.

“Having secured an agreement with the European Union for further talks, we now need some time to complete that process,” May told the House...

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