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UK House of Commons approves final European Union exit bill

UK House of Commons approves final European Union exit bill

The "Brexit Bill", legislating for divorce proceedings to begin, passed through the House of Commons, handing Prime Minister Theresa May the power to trigger Article 50.

Now, the government must negotiate passage of the law through the unelected Lords, where May's Conservative Party is the biggest grouping but falls well short of a majority (252 out of 805 peers).

That was defeated, along with a proposed new clause 57, tabled by Labour backbenchers, which required the government to guarantee the rights of European Union citizens living in the United Kingdom before Article 50 is triggered. Just getting on with the job, seeking to improve the Bill as we think possible, getting the odd Government concession here and there, and if needs be sending it back to the Commons for a further look - which will happen anyway in normal course of events.

An amendment calling for a second referendum was introduced by the Liberal Democrats.

The opposition Labour Party and the smaller Scottish National Party (SNP) tabled amendments demanding guarantees on market access, workers' rights and those of European Union citizens in Britain.

The bill's clearance by the House of Commons is a success for Theresa May, who appears to be on track with her pledge to trigger article 50 by the end of March.

Price pandemonium is for sake of U.S. oil industry
Gasoline futures for March delivery dropped 1.5 per cent to $US1.4875 a gallon, the lowest close since November 29. In this series , we'll take a look at the correlations between crude oil-weighted stocks and crude oil.

Bill moves to the Lords where pro-EU peers have vowed to try to amend the draft legislation.

"The EU partners have an interest in not using them in a vindictive manner", the former cabinet secretary and cross-bench peer said during a debate in the House of Lords on Thursday.

The BBC quoted an unidentified government source as saying the Lords could face "an overwhelming public call to be abolished" if it blocked the bill.

That is quite a threat.

The government's 137-word bill passed through the lower chamber unscathed this week, as May marshaled her slim majority to ensure none of the more than 250 amendments proposed by opposition parties were accepted.

Under Tony Blair, there was a cull of more than 600 hereditary peers but attempts by the Lib Dems during the coalition years to elect 80% of the upper chamber and cut its membership to 450 were ditched amid Tory opposition.


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