Analysts at Scotiabank noted the current state of UK politics with respect to the Brexit saga.
Key Quotes:
“An estimated 700k people marched in London at the weekend, demanding a “peoples’ vote” on Brexit terms while reports suggest that rebellious Tory MPs have nearly secured enough support to trigger a leadership challenge.”
“PM May has a near impossible task of outlining a plan that meets the requirements for a friction-free Irish border whilst delivering a meaningful divorce from the EU, it seems. Compromises – which keep the UK “too close” to the EU are clearly angering hardline Tory MPs and fostering a sense that her leadership is increasingly vulnerable to a challenge.”
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