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No deal Brexit far more likely if May’s is rejected

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Britain is more likely to end up leaving the European Union without a deal if parliament rejects the agreement Prime Minister Theresa May has negotiated with Brussels, Brexit minister Stephen Barclay said on Thursday.

With less than three months until Brexit lawmakers will make a pivotal decision later this month: accept May’s plans for a managed exit and relatively close economic ties, or reject the deal and spawn huge uncertainty about the country’s next steps.

Reuters

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Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
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