Will Theresa May get a no-confidence vote?

Andamento del mercato - 12/12/2018

It is very probable that Theresa May the British Prime Minister will get a no-confidence vote from her own house today. While the questions that are challenging her authority increases she is trying to save her Brexit agreement. Jacob Rees-Mogg is one of the MPs that presented a note of no-confidence and it is very important because he is a famous and important Brexiteer. Even though he was one of the stronger supporters of the prime minister, on Tuesday he told CNBC that now it is May's "duty" to resign. "Normally when a prime minister loses her main policy she resigns, that is the main constitutional convention, they don't just carry on regardless … The prime minister only holds office as long as she maintains the confidence of the House of Commons (the lower house of the U.K.'s parliament)" he added.

Now on Tuesday, the British prime minister made an important trip to Europe and meet the presidents of the European Council and European Commission, Donald Tusk and Jean-Claude Juncker and the heads of the Netherlands and Germany.

May is probably seeking supporters in Europe that are ready to assist her to get tweaks to her dying Brexit agreement but whether she will get any approvals is unknown. "There is no room whatsoever" to re-negotiate the Brexit deal, the European Commission's President Jean-Claude Juncker told the European Parliament on Tuesday. Sterling is hanging around a 20-month low against the greenback on Wednesday.

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