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European markets higher after May's Brexit vote defeat; Pearson falls 6%

Sam Meredith

The pan-European Stoxx 600 was up around 0.3 percent during mid-morning deals, with most sectors and major bourses in positive territory. British lawmakers voted 432-202 against May's template to leave the bloc on Tuesday, delivering the worst parliamentary defeat in modern British history. It prompted opposition leader Jeremy Corbyn to immediately call for a motion of no-confidence in the government, to be held at around 7:00 p.m. London time on Wednesday.

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