Sterling falls as May admits she is still short of support for Brexit vote

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Sterling falls as May admits she is still short of support for Brexit vote
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Sterling weakened on Monday after British Prime Minister Theresa May admitted th...

LONDON - Sterling weakened on Monday after British Prime Minister Theresa May admitted there was not yet enough support to put her Brexit deal to a third vote, while parliament plotted to pull the process away from her government.

“The view that no-deal Brexit won’t happen because there is a majority in parliament against that is a bit of simplistic view ... Accidents can happen. Lawmakers in a series of vote on Monday - beginning at 2200 GMT - are likely to wrest control of the process from May after twice rejecting the deal she agreed with Brussels.

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