British Prime Minister Theresa May said on December 10th the crucial Parliament vote on her Brexit deal, which was scheduled for the following day, will be delayed.
May acknowledged her Brexit deal would have been rejected in the vote by a "significant margin." She further said in her statement to MPs that she intended to address their concerns and would be speaking to EU leaders.
According to the BBC, Labour leader Jeremy Corbyn said the prime minister had "lost control of events" and the government was in "complete chaos."
All signs had pointed to a defeat for the prime minister in the vote. But postponing the vote is a humiliation for May, who has had a difficult time, first to agree a divorce deal with the EU and then to sell it to sceptical British lawmakers, some of whom are in her own party.
Both Conservative and opposition Labour Party lawmakers have said they would not back the divorce deal that May and EU leaders agreed on last month.
Delaying Parliament's vote on her EU divorce deal to avoid a humiliating defeat is a decision that throws May’s Brexit plans into disarray just weeks after an agreement on the UK's departure had finally been reached.
The pound has already been affected and sank in response to the political uncertainty, AP reported. The currency hit an 18-month low against the US dollar of $1.2660.
The UK is set to leave the European Union on March 29th, 2020.