Under Theresa May's ill-fated Withdrawal Agreement Bill
(WAB), MPs would have
been given the chance to vote on whether to hold a second
referendum. Although that Bill has now been put on ice, at least
one of the hopefuls in the Tory leadership contest - Sam Gyimah -
has come out in support of a referendum, and the Labour leadership
is under increasing pressure to make a similar commitment following
its poor performance in the European elections.
As the debate surrounding Brexit continues, we consider the
impact if a second referendum was back on the table and what it
would mean for businesses.
What needs to happen for there to be a second referendum?
Should the WAB
have been introduced into Parliament, and passed in a form which
included the vote on a second referendum, the government would have
been required to make provision for that vote to be held. If MPs voted for a second
referendum, further legislation would then have been needed to put
in place the