UK Politics: New Labour alliance could halt Johnson's Brexit deal

Amendments to the new Brexit deal could halt progress
The latest Brexit deal could be blocked in parliament
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Labour could hold the key to getting the latest Brexit deal through parliament. Tradefair brings you the latest from UK politics...

"The position we have adopted is whatever the outcome, whether it's Boris Johnson's bad deal or a better one which could be secured, it has got to go to a referendum up against remain,"

- Jeremy Corbyn

Boris Johnson's Brexit deal is facing a series of parliamentary votes if the UK is to exit the EU on October 31 as is presently planned.

However, Labour MPs could be in a position to force through amendments to the currently proposed Brexit legislation in the coming days, giving the potential for any deal to once again falter at the final hurdle.

Labour hold the key to a successful vote

A potential new alliance could now be forming between Labour and other MPs who fear the current wording of the Johnson Brexit deal will mean a hard Brexit for the UK.

Creating a separate customs union for Northern Ireland and the creation of a border in the Irish Sea to protect both the EU and the UK from the illegal trade of goods has proven a contentious plan.

Instead, motions could now be placed to amend the present deal to include plans for a customs union. However, doing so would effectively limit the UK's ability to arrange new bilateral trade agreements after leaving the EU.

Labour now appears set to reach out to both rebel Tory MPs and the DUP, as the party looks to build a majority to defeat the government in any meaningful vote to pass the Brexit agreement in its current form.

Shadow Brexit secretary Sir Keir Starmer stated: "I say to any MP, but particularly the DUP, if you want to work with us to make this situation better, our door is open."

Could it come down to a second referendum?

Labour leader Jeremy Corbyn has been critical of the prime minister's Brexit plans ever since it emerged that a new deal could be on the table. He claims the existing agreement will not lead to a more prosperous country in the years ahead and is, indeed, no longer the will of the people.

With the deadline for Brexit now fast approaching, Corbyn has argued that the only fair way to forge ahead with any plan is to now put the vote back to the UK. As a result, Labour is calling for a second referendum that will pit the prime minister's finalised deal against a second option to remain within the EU.

"The position we have adopted is whatever the outcome, whether it's Boris Johnson's bad deal or a better one which could be secured, it has got to go to a referendum up against remain," he stated.

Despite the present uncertainty around the latest deal, the UK's stock markets have continued to rally in the wake of the renewed possibility of the UK leaving with a deal in place.

The FTSE 100 had risen by 0.23% from its opening position to 7,167.30 by midday on Monday (October 21st). Markets now appear to be factoring in the potential of a new deal, although any gains over recent days could quickly be lost should another bump in the Brexit process occur.

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