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British Government is attempting to Suspend the Parliament

By Sara Patterson
Sara Patterson has a Master’s Degree in political science and enjoys analyzing both current events and the international markets to get a fuller perspective of the currency market. Before turning to financial writing, she taught English writing skills to high-school age students. Sara’s work has been published on various financial and Forex blogs.

ukThe British Government is going to ask the Queen of England to suspend the Parliament, as an attempt to deliver the Brexit by October 31.

If approved, the parliament won't be able to resume its functions before October 14, leaving them very few time to stop Johnson's Brexit plan. The move can only be made by the queen, backed by the Prime Minister.

According to a British Journalist, the Privy Council was set to meet at Balmoral on Wednesday to discuss proroguing the British parliament.

"Suggestion from more than one source of a Privy Council meeting at Balmoral today, to discuss/agree to extend the conference recess until 14 October," said the Guardian's Journalist Heather Stewart.

The BBC journalist Laura Kuenssberg claimed that Johnson's government plans to hold the Queen's speech on October 14 and that it will be announced after the Privy Council's meeting.

"Johnson's government to hold Queen's speech on 14th October, will be confirmed by privy council at Balmoral today - No 10 says it's all biz as usual for a new govt, but has useful political side effect that denies MPs time to try to stop no-deal", posted Kuenssberg on her twitter account.

This move is coming after the leaders of the British opposition announced that they were aiming to stop the Brexit in the Parliament. The main plan is forcing the British government to ask Brussels for another extension, however, they don't discard holding a no-confidence vote.

The Shadow Culture Secretary and Labour MP Tom Watson called this move "scandalous" and an affront to democratic values.

"We do not have a 'new government.' This action is an utterly scandalous affront to our democracy. We cannot let this happen," he posted on his Twitter account.

While the British Conservative Party Chairman James Cleverly defended the measure:

"Government to hold a Queen’s Speech, just as all new Governments do," he answered to the BBC on Twitter.

Johnson defends the move

After denying that he was intending to force a no-deal Brexit, Boris Johnson confirmed that the Queen's speech is taking place after October 14 and defended the move, alleging that his government is not willing to wait until after October 31 to get into its plans to take the country forward.

"We need new legislation. We've got to be bringing forward new and important bills and that's why we are going to have a Queen's Speech," he explained.

Johnson pledged to leave the European Union by October 31, preferably with a deal, but since the negotiations with Brussels are essentially stalled as Johnson's attempts to convince the European Union leaders to abandon the Irish backstop clause the chance of a no-deal outcome are higher than ever.

The increasing tensions sent the GBP/USD towards the 1.2200 level at the beginning of the Wednesday trade session, by 9:44 GMT the pair was 0.61 percent lower at 1.2212, while the GBP/JPY was at 129.18, losing 0.56 percent.

Sara Patterson
About Sara Patterson
Sara Patterson has a Master’s Degree in political science and enjoys analyzing both current events and the international markets to get a fuller perspective of the currency market. Before turning to financial writing, she taught English writing skills to high-school age students. Sara’s work has been published on various financial and Forex blogs.
 

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