May postpones parliament vote on Brexit deal

UK Prime Minister May, today announced she would be postponing the widely awaited parliamentary vote on her proposed Brexit deal. Political commentators speculate the PM knew she was going to face a mass revolt against the proposal in the commons and thus postponed the vote. The PM will now go back to Brussels to see what further concessions she can get from the EU to improve the proposition. Both the pound and the FTSE 100 fell sharply on the news.