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Brexit Deadlocked: “The Only Option Is To Find A Way Through Which Allows The U.K. To Leave With A Deal”

Brexit minister Steven Barclay said after the results were announced that the default position was still that Britain would leave the EU on April 12 without a deal, the nightmare scenario for many international businesses.

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Brexit
A pro-Brexit protester demonstrates outside the Houses of Parliament in London, Britain, April 1, 2019. VOA

Britain was no nearer to resolving the chaos surrounding its departure from the European Union after parliament failed on Monday to find a majority of its own for any alternative to Prime Minister Theresa May’s divorce deal.

After a tumultuous week in which May’s divorce strategy was rejected by lawmakers for a third time, despite her offer to quit if it passed, the future direction of Brexit remains mired in confusion.

In a bid to break the impasse, lawmakers on Monday voted on four last-minute alternative Brexit options for what is the United Kingdom’s most far-reaching policy change since World War II. All were defeated.

Britain's opposition Labour Party leader Jeremy Corbyn speaks after a round of voting on alternative Brexit options at the House of Commons in London, Britain, April 1, 2019 in this still image taken from video.
Britain’s opposition Labour Party leader Jeremy Corbyn speaks after a round of voting on alternative Brexit options at the House of Commons in London, Britain, April 1, 2019 in this still image taken from video. VOA

The option that came closest to getting a majority was a proposal to keep Britain in a customs union with the EU, which was defeated by three votes.

A proposal for a confirmatory referendum on any deal got the most votes, but was defeated by 292-280.

Brexit minister Steven Barclay said after the results were announced that the default position was still that Britain would leave the EU on April 12 without a deal, the nightmare scenario for many international businesses.

“The only option is to find a way through which allows the UK to leave with a deal,” Barclay told parliament.

He hinted that May could put her deal to a fourth vote this week in the hope of securing an orderly exit before European elections are held from May 23 onwards.

“If the house were to agree a deal this week, it would still be possible to avoid holding European parliamentary elections,” Barclay said.

Sterling Falls

Sterling fell almost 1 percent to $1.3048, after the vote results were read out by the speaker, John Bercow, to stand around 0.5 percent lower on the day.

Speaker of the House of Commons John Bercow announces the results of a round of voting on alternative Brexit options at the House of Commons in London, Britain, April 1, 2019, in this still image taken from video.
Speaker of the House of Commons John Bercow announces the results of a round of voting on alternative Brexit options at the House of Commons in London, Britain, April 1, 2019, in this still image taken from video. VOA

Last Friday, the third defeat of May’s own withdrawal agreement left one of the weakest British leaders in a generation facing a spiraling crisis over Brexit.

Her government and her Conservative Party, which has been trying to contain a schism over Europe for 30 years, are now riven between those who are demanding that May pilot a decisive break with the bloc and those demanding that she rule out such an outcome.

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If May were to throw her weight behind either camp, she would risk tearing her party apart and bringing down the government. Some Conservative lawmakers have warned they will support a motion of no confidence if she accepts calls for a Brexit that maintains many of the existing close economic ties with the EU.

Britain had been due to leave the EU on March 29 but the political deadlock in London forced May to ask the bloc for a delay. As things stand, Britain will now depart at 2200 GMT on April 12 – unless May comes up with another viable option. (VOA)

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A Closer Look at Liverpool’s Exciting Baltic Triangle Sector

Liverpool in general is one of the best places in the UK to invest

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Liverpool
While Liverpool in general is one of the best places in the UK to invest, with comparatively affordable house prices (currently sitting at £174,232 according to Zoopla, as opposed to £644,215, for example, in London) and high average rental yields, the Baltic Triangle specifically is an outlier and opportunity for investors. Pixabay

Birthplace of the Beatles and home to the current football Champions of Europe, Liverpool is a northern great of a city that has a ton of opportunity, and a constant hum of inspiring energy. In recent years, Liverpool’s energy has spilled out from the heart of the city centre and its surrounding streets, and now has branched out throughout the entirety of the area, no longer concentrated at its core.

Here’s a more specific look at the Baltic Triangle, one of the most popular and desirable pockets of the city at the moment.

Trendiest place to live

Often drawn in parallel with the likes of London’s Shoreditch, and at one point deemed ‘the coolest place to live in Britain’ by the Times, the Baltic Market has an abundance of bars, restaurants, and attractions, perfect for a city that is known for its nightlife. Here are some of the highlights:

 

  • A great place to start is the Baltic Market, a grand bazaar containing food stalls from some of the best and most diverse food spots in the city, complete with a bar and live music. This place is constantly packed, and perfect for friends who can’t decide where they want to go to eat.

 

 

  • Bongo’s Bingo is a must-visit attraction for a night out, situated in the Camp & Furnace restaurant across from Cain’s Brewery. It’s very different from your average bingo night, that’s for sure, with anything from rave intervals to dance-offs around the corner. Weird prizes are also on offer here, but whether you’ll want them or not is a different story.

 

 

  • Again situated in the heart of the area is Ghetto Golf, a fully indoor mini-golf course, decorated with snazzy neon lights and loud music. Again perfect for a night out with friends, the out-of-the-ordinary course has some ‘interesting’ hole choices and a fully-fledge cocktail bar.

 

Investment strong spot

While Liverpool in general is one of the best places in the UK to invest, with comparatively affordable house prices (currently sitting at £174,232 according to Zoopla, as opposed to £644,215, for example, in London) and high average rental yields, the Baltic Triangle specifically is an outlier and opportunity for investors. As a prime example, RWinvest are aiming to keep on top of the demand from tenants to live in the area, preparing high-quality buy-to-let apartments and housing at the centre of the area. There are even plans in motion for a £70m hotel, allowing more people to stay and enjoy the area.

Liverpool
Birthplace of the Beatles and home to the current football Champions of Europe, Liverpool is a northern great of a city that has a ton of opportunity, and a constant hum of inspiring energy. Pixabay

Digital trendsetter

The Baltic Triangle is where many digital businesses call home, inhabiting the once unused warehouse buildings of yesterday and giving them a new purpose. These companies have not only thrived in recent years, cultivating an exciting sense of community in the city, but they are also contributing significantly to the city’s overall economy.

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Additionally, while the area is already heavily populated by a large number of young business and professionals, the city’s makeup of creative and talented young people will also surely push it forward as developments continue. Many students living and working at the surrounding universities will no doubt want to continue to contribute upon graduation, and there are even schools such as The Studio situated on the doorstep of the Baltic Triangle, with programmes and skills aiming to give them all they need to make the most of the facilities nearby to them. For a young person looking to garner experience and digital skills, it’s an exciting place to be.