Parliament votes on plan to delay Brexit

Tonight’s decision by Parliament to take the first step to delay Brexit until 31^st January 2020 could reduce some of the downward pressure that resulted in the pound weakening to $1.19 and 10-year gilt yields falling to 0.34% earlier today, but probably not a lot as much depends on who wins the general election that now seems imminent. With the Tories in pole position in the polls, no deal Brexit either on 31^st October or 31^st January remains a real possibility.