The pound fell on the uncertainty surrounding the poten

ial delay and the fact that a no-deal Brexit remained possible. By 1800 GMT it was down around 0.4 percent against the dollar.

Nearly three years after the United Kingdom voted to leave the European Union, there is still no

clarity over how, when or even whether the world’s fifth largest economy should leave the bloc it joined in 1973.

When May set the March 29 exit date two years ago by serving the formal

Article 50 divorce papers, she declared there would be “no turning back”. But parliament’s ref

usal to ratify the withdrawal deal she agreed with the EU has thrust her government into crisis.

The Labour Party said that, by choosing a short delay, May was forcing

lawmakers to decide between accepting a deal they have already rejected or leaving without a deal.

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