Weekly Brief – Concession

Theresa May conceded for the first time Parliament would be given a vote on extending Article 50, or a no deal Brexit if the PM’s “meaningful vote” on March 12th is rejected. The betting markets cut the chances of a no deal exit at the end of March in response and EU figures indicated that some form of delay was inevitable. Meanwhile, MPs grilled the BoE on what it would do in the event of a no-deal.

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