Pound Steady as MPs Prepare for More Brexit Votes, and May Vows to Quit

LONDON — The pound held steady at around $1.32 and 1.17 euros on Wednesday as British Members of Parliament prepared to vote on a series of eight different Brexit plans, and as Theresa May promised to step down as prime minister if her Brexit deal is finally passed. Parliamentarians will begin voting at 7 p.m. local time on eight different deals, handing in papers that simply say “yes” or “no.” The deals include a no-deal Brexit, which MPs already ruled out last week, although their vote was nonbinding; revoking Article 50 and canceling Brexit altogether; a customs union with the European Union, which would prevent the U.K. from striking new trade deals with other countries, or a temporary customs union with the EU. May’s plan, which has been voted down twice, is unpopular because it involves a controversial clause that opponents fear could keep the U.K. in the customs union indefinitely — and effectively block Britain’s withdrawal from the EU. The clause deals with the border between Northern Ireland and the Republic of Ireland, which both Britain and the EU want to keep open and without checks. May could bring her deal back to Parliament as early as this week, according to media reports

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