March 12, 2019 / 9:14 PM / a year ago

Breakingviews - Britain positions for longer Brexit limbo

Britain's Prime Minister Theresa May speaks in Parliament in London, Britain, March 12, 2019, in this screen grab taken from video. Reuters TV via REUTERS - RC16B3F618C0

LONDON (Reuters Breakingviews) - Britain is stretching out its journey to an unknown final destination. Parliament rejected Prime Minister Theresa May’s blueprint for leaving the European Union for a second time on Tuesday. With only 17 days to go until the official departure date, buying more time is the probable next step, and the least painful way forward.

The 149-vote majority against May’s deal was not quite as devastating as the 230-vote margin of defeat she suffered in January. Nevertheless, it’s a humiliation. The prime minister has spent the past two months trying to extract concessions from the EU to assuage the deal’s many critics. These efforts were largely futile.

May could try to resurrect her proposal one last time in the few weeks that remain. In the meantime, lawmakers face two immediate choices. The first is whether to leave the EU without a deal on March 29. Assuming they also reject this in a vote on Wednesday, they will then have the option to request an extension to the two-year departure process the following day.

Even then, a postponement is not guaranteed: the EU’s 27 members must all approve it. Keeping Britain in the bloc for more than a few extra months could complicate elections for a new European Parliament, which will be held at the end of May. Eurosceptics will seize on any delay beyond March 29 as a betrayal of the result of the 2016 referendum.

More importantly, buying time will not change the fundamental choice that British politicians have yet to make: to leave the European Union – with a deal or without one – or reverse the decision to quit, probably following another referendum. That moment of truth is no more predictable after Tuesday’s defeat, but it’s probably a little bit further away.


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

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