New Post-Election Brexit Scenarios

Brexit is increasingly looking like a choice between a soft deal or no deal.

That’s the upshot of British Prime Minister Theresa May’s failure to win a larger parliamentary majority to give her a buffer against the demands of either pro-Europeans or euroskeptics in her Conservative Party.

She’s instead still caught between the two sides. Bow to one and she will be vulnerable to attack by the other, threatening her ability to secure the votes she needs to pass Brexit-related legislation and ultimately the deal she negotiates.

Bloomberg

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