U.K.'s Theresa May Is Said to Consider Delay to Brexit Date
https://www.bloomberg.com/news/articles/2019-02-25/u-k-s-theresa-may-is-said-to-consider-delay-to-brexit-date?utm_source=google&utm_medium=bd&cmpId=google
U.K.'s Theresa May Is Said to Consider Delay to Brexit Date
By
Tim Ross
February 25, 2019 5:00 PM
Theresa May is considering a plan to delay Brexit and stop the U.K. leaving the European Union with no deal next month, according to people familiar with the situation. The prime minister is expected to allow her Cabinet to discuss extending the deadline beyond March 29 at a crunch meeting on Tuesday, one of the people said. May would then reveal the Cabinets conclusions in an announcement to Parliament later in the day.
While no final decision has been taken, putting off the U.K.s scheduled withdrawal from the EU would be a huge political gamble. On one hand, it would avert mass resignations from pro-EU ministers in Mays team. But it would also risk a destabilizing backlash from euroskeptic Conservatives.
Even with the premier likely to carry on with her attempts to get a deal done on time, a postponement would be a major climbdown for the British leader, who has spent the past two years insisting that the U.K. will leave the EU on schedule. It comes within hours of another major U-turn: that of opposition Labour leader Jeremy Corbyn deciding to back a second Brexit referendum.
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