Chaos, deal or new vote: What is the grand Brexit finale? [Reuters (UK)]
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Source: Reuters
Chaos, deal or new vote: What is the grand Brexit finale? | Reuters 5 Min Read LONDON (Reuters) - Prime Minister Theresa May is trying to clinch a Brexit divorce deal with the European Union but the bigger challenge may be to get any agreement approved by the British parliament. With less than five months until the United Kingdom is due to leave the EU on March 29, how might the Brexit finale play out? Following are possible scenarios: - DEAL REJECTED Any deal must be approved by British lawmakers. If they reject it, Britain would face leaving the EU without an agreement. Sterling, which has fallen to $1.28 from $1.50 on the day of the referendum, would sink while bond yields on UK debt would likely fall. For details on how the vote might work: May’s compromise plan, which seeks to maintain close trade ties with the EU in the future, is facing opposition from Brexiteers, pro-Europeans, the Northern Irish party that props up her government, and even some of her own ministers. With no d
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