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Johnson’s Brexit Deal Clears Its First Parliamentary Hurdle Bloomberg 12/30/2020 Joe Mayes and Tim Ross (Bloomberg) Boris Johnson’s Brexit deal cleared the House of Commons, putting the U.K.’s trade agreement with the European Union on course to become law within hours. Members of parliament voted 521 to 73 to approve the accord after they were recalled from their Christmas break for an emergency session on Wednesday. The House of Lords, the unelected upper chamber, will vote on the legislation later in the evening. With the main opposition Labour Party backing the bill, the legislation is almost certain to become law in a single day, 24 hours before the U.K. leaves the EU’s single market and customs union. Failure to endorse the deal would have risked the return of costly tariffs on trade and severe disruption to supply chains. ....
Johnson’s Brexit Deal Clears Its First Parliamentary Hurdle Bloomberg 12/30/2020 Joe Mayes and Tim Ross (Bloomberg) Boris Johnson’s Brexit deal cleared the House of Commons, putting the U.K.’s trade agreement with the European Union on course to become law within hours. Members of parliament voted 521 to 73 to approve the accord after they were recalled from their Christmas break for an emergency session on Wednesday. The House of Lords, the unelected upper chamber, will vote on the legislation later in the evening. With the main opposition Labour Party backing the bill, the legislation is almost certain to become law in a single day, 24 hours before the U.K. leaves the EU’s single market and customs union. Failure to endorse the deal would have risked the return of costly tariffs on trade and severe disruption to supply chains. ....
Johnson’s Brexit Deal Clears Its First Parliamentary Hurdle Bloomberg 30/12/2020 Joe Mayes and Tim Ross (Bloomberg) Boris Johnson’s Brexit deal cleared the House of Commons, putting the U.K.’s trade agreement with the European Union on course to become law within hours. Members of parliament voted 521 to 73 to approve the accord after they were recalled from their Christmas break for an emergency session on Wednesday. The House of Lords, the unelected upper chamber, will vote on the legislation later in the evening. With the main opposition Labour Party backing the bill, the legislation is almost certain to become law in a single day, 24 hours before the U.K. leaves the EU’s single market and customs union. Failure to endorse the deal would have risked the return of costly tariffs on trade and severe disruption to supply chains. ....