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Stockreport

U.K. election shock could mean delayed Brexit-lite [CNNMoney.com]

RYANAIR HOLDINGS (RYAAY)  More Company Research Source: CNNMoney.com
US:NASDAQ Investor Relations: investor.ryanair.com
PDF Prime Minister Theresa May called a snap U.K. general election in the hope of strengthening her hand in negotiations to take Britain out of the European Union. An exit poll projection and early results suggest that gamble has backfired: Rather than handing May a landslide victory, the election could leave no party with a clear majority, a result that would usher in a period of uncertainty over who governs Britain. So what does that mean for Brexit, the single issue that could determine the economic prospects for the U.K. and the prosperity of its people for years to come? Could Brexit be delayed? Following last June's Brexit referendum, the process officially started in March when May served formal notice of Britain's intention to leave the EU. That started the clock ticking on a two-year period that should end in March 2019 with the U.K.'s departure. But detailed negotiations haven't yet started. The EU wants those [Read more]

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