06 Dec No-deal Brexit now EVEN MONEY as Boris Johnson asks Queen to suspend Parliament
Prime Minister Boris Johnson has asked the Queen to suspend Parliament 31st October in advance of their Brexit deadline, resulting in bookmakers cutting odds to get a scenario.
Having been priced odds-against fairly frequently since March, the chance of the UK leaving the European Union with no withdrawal arrangement is now money with several bookmakers.
Odds have been flying about that mark since Boris Johnson took over as Prime Minister, together along with it appearing increasingly possible this could be an alternative for your new man in No.10.
However, the motion of today comes in light of this PM creating a shock move to request the Queen to be able to set out the legislative acts of his administration to suspend Parliament out of September until 14th October.
The Prime Minister’s request need to pass legislation to prevent the no-deal scenario.
Punters have jumped into the sale or no-deal market as a result, with a large 72.2percent of stakes on the marketplace in the previous 24 hours moving on the UK leaving with no deal.
Johnson move was met with considerable resistance from key characters such as House of Commons Speaker John Bercow and opposition leader Jeremy Corbyn.
Their debate is that suspending parliament is unconstitutional and would closed MPs from this democratic process in this phase that is vital prior to the October deadline.
Boris Johnson insists that he wants to put his legislative strategies desperately, instead of mask any intentions of leaving the European Union with no agreement.
Oddschecker spokesperson Callum Wilson:”Activity on the deal or no deal market has been growing steadily ever since Boris Johnson obtained the secrets to No. 10.
“Today’s news has seen an important increase in stakes and bookmakers have responded accordingly, together with all the no-deal Brexit scenario looking as likely as it has according to the odds. If the suspension goes forward, expect to realize that cost swing into odds-on imminently.”
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