Wednesday 23rd October 2019

There have been two big votes in the UK this morning. In the first, MPs voted for the Brexit Withdrawal Bill to proceed. But the second vote rejected the timetable that would see the bill finalised by the end of the week. Phil Dobbie talks to NAB’s Gavin Friend about why the market reaction has not been favourable and what could happen next. For a start, the UK PM has halted progress of the bill he fought so hard to win! They also discuss the Canadian election and today’s NZ trade figures.