U.K. Parliament Brexit Vote 'Not a Bad Thing', Says Rake

Bloomberg Video

October 12 -- Prime Minister Theresa May has accepted that Parliament should be allowed to vote on her plan for taking Britain out of the European Union, but asked lawmakers to do it in a way that gives her space to negotiate. Parliament will debate on Wednesday a motion from the opposition Labour Party calling for a “full and transparent debate on the government’s plan for leaving the EU” and for Parliament to be able to “properly scrutinize that plan” before she begins formal talks. The request is supported by some lawmakers from May’s own Conservative Party. BT Group and Worldplay Group Chairman Michael Rake discusses with Anna Edwards and Manus Cranny on "Bloomberg Daybreak: Europe."