LONDON, ENGLAND, UNITED KINGDOM (MARCH 12, 2019) (PARLIAMENT TV) – Britain’s Prime Minister Theresa May said she profoundly regrets parliament rejecting her deal to quit the European Union for a second time on Tuesday (March 12) deepening the country’s worst political crisis for generations, 17 days before the planned departure date.
The prime minister, hoarse after Monday’s (March 11) late-night talks, told lawmakers: “Let me be clear. Voting against leaving without a deal and for an extension does not solve the problems we face.”
She said parliament was now at an impasse: “Does it wish to revoke Article 50 (announcing intention to leave the EU)? Does it want to hold a second referendum? Or does it want to leave with a deal, but not this deal?”
Sterling, which had earlier in the day fallen by 2 percent to $1.3005, was trading at around $1.3086 shortly after the vote.