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Tag Archives: Brexit politics

Brexit update – PM May seeks new direction

Theresa May reaches out to find all-party agreement on Brexit.This week, the British Parliament rejected Theresa May’s divorce deal en masse. At the same time, she has kept enough support to stay in power, as a motion of no confidence was rejected.How the Brexit process unfolds from now remains highly uncertain. The recent turn of events means there is an increasing probability of the UK seeking an extension of the 29 March deadline (now our base case) as May reaches out to opposition...

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Brexit logjam persists

It's always darkest before dawn, and dawn is not yet in sight.It was another eventful week in British politics, although there was still no meaningful progress on clearing the way for a smooth Brexit before the crucial deadline of March 2019. While a smooth exit remains our base-case scenario, uncertainty remains sizeable.PM Theresa May postponed the British Parliament vote on her Brexit divorce deal, and vowed to re-open discussions with European Union (EU) partners. However, things are not...

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Brexit highlights issue of political polarisation

The UK’s vote to quit the European Union (EU) shook markets in late June and revealed a sharply divided country. And while the EU27 are likely to take a tough line with the UK to discourage other countries from going down the same road, there is clearly a risk that Brexit is followed by further fragmentation of the EU.It is important to understand how we have arrived at such a crisis. There are, of course, many reasons (political, historic, institutional). But along with opposition to...

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