United Kingdom

Theresa May to offer Parliament new Brexit deal with vote on 2nd referendum

Theresa May
Photo: Alberto Pezzali/NurPhoto via Getty Images

British Prime Minister Theresa May said Tuesday that she would offer lawmakers "a new Brexit deal" that — if passed — would also include a vote in Parliament on whether to hold a second referendum.

Why it matters: Holding a second referendum has long been a red line for May, who has staked her entire premiership on delivering the results of the 2016 Brexit vote. Now, in a last-ditch effort to salvage Brexit before stepping down as prime minister, May is offering lawmakers a potential chance to put it to the people in exchange for passing her deal.

London-based food delivery startup raises $575 million

In this image, a Deliveroo deliveryperson walks down the street with a package on their back and guiding a bicycle.
A Deliveroo rider on May 2 in Cardiff, U.K. Photo: Matthew Horwood/Getty Images

Deliveroo, a London-based food delivery company operating in 14 European countries, raised $575 million in Series G funding led by Amazon.

Why it matters: This means Uber's lackluster IPO hasn't scared investors away from food delivery startups, as word is that the round comes at a higher valuation from where Deliveroo last raised in late 2017.