The EU granted the UK a further extension of Article 50, effectively pushing out the cliff edge to the end of October. Meanwhile, latest UK data was mildly reassuring, consistent with continued sluggish growth in early 2019.
Following the recent Grieve amendment, the chances of Parliament passing PM Theresa May’s Withdrawal Agreement tomorrow look very slim. A rejection would force Mrs May to unveil a Plan B next Monday. An array of outcomes is possible with an increasing chance of Article 50 being extended.
The first hundred days is seen as a critical time in politics. Coined in a 1933 radio address by Franklin D Roosevelt, it is often used to measure the successes and accomplishments of a president during the time that their power and influence is at its greatest. Chief Executives of companies also view their first hundred days as a period in which their authority has to be asserted and their intentions known. Continue reading