FLASH: UK's no-confidence vote in May day
- The threshold for a confidence vote in Theresa May has been triggered and will be held at 6pm GMT, with results available at about 9pm. I expect Conservative MPs to oust May now rather than be bound to keep her as Leader for another year.- It is likely to be a close vote. Either way, the political outlook will change. Replacing Theresa May would take a few weeks and would raise the risk of a managed “no deal†Brexit, as candidates compete for the Eurosceptic membership.
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