The meaningful vote fails to pass
The loss by 230 votes is a brutal defeat and it's tough to imagine she will be able to reverse that many votes.
May:
Tonight's vote does not tell us what Parliament does support
We deserve clarity to know if Parliament will respect the results of the referendum
First we need to reaffirm whether the government has the confidence of Parliament
Will make time to debate confidence tomorrow if opposition proposes confidence motion
Assuming she wins confidence vote, says she will hold talks with opposition parties
Will make statement about way forward by Monday
Strategy isn't to run down the clock
Will propose amenable motion by Monday and will propose an opportunity to vote on it
Says will not resign
Cable rebounds to 1.2767 on the 'buy the fact' part of the trade.
