Investing.com - The Speaker of the House of Commons John Bercow rejected a government request to hold a vote in parliament on Prime Minister Boris Johnson's Brexit deal on Monday afternoon.
The Speaker said that the matter in question was the same as the one debated in the House of Commons on Saturday. Bercow declared "it is clear that the motions are in substance the same" and that it would be "repetitive and disorderly" to debate the motion again on Monday.
Bercow used the same convention to block another meaningful vote on former Prime Minister Theresa May's Brexit deal. Bercow told parliament that the "same question convention" dated back to 1604.
Boris Johnson was forced to send a letter to the EU requesting an extension to the official Oct. 31 Brexit date on Saturday after parliament voted 322-106 in favour of the Letwin amendment.
Parliament voted in favour of withholding approval of Johnson's deal until implementing legislation had been passed. The prime minister was then forced to request a delay under the Benn Act, a law which compelled the PM to request an extension until Jan. 31 if no deal had been agreed by Oct. 19.
The pound hit fresh five month highs on Monday morning, breaking above the $1.30 level as fears of a no deal Brexit in just over ten days time diminished. Goldman Sachs (NYSE:GS) cut its no deal Brexit odds from 10% to 5%.
At 15:20 GMT, GBP/USD was flat at 1.2976, while EUR/GBP dropped 0.4% to 0.8587.