Barely two-and-a-half months before Britain is due to leave the European Union, May's expected defeat would open a range of outcomes, from resurrecting her deal to leaving the EU with no deal, or even another referendum that could halt Brexit. Finance minister Philip Hammond, business minister Greg Clark and Brexit minister Stephen Barclay are due to hold a conference call with business leaders at 2100 GMT, two sources told Reuters. At a crossroadsDominic Raab, who resigned as May's Brexit minister in November in protest at her plans, said the government should not lose its nerve over the possibility of a no-deal Brexit, something many employers fear would mean chaos for business. Germany's foreign minister said the EU could hold new talks with Britain after a defeat in parliament of the plan. Labour opposes May's deal but is formally committed to Brexit, despite many party members calling for a new referendum.

Source: Dhaka Tribune January 15, 2019 19:30 UTC