The US investment banking giant Goldman Sachs raised its estimate of a probable Brexit without a deal to 25% from 20%.
Key Points:
“Prolonged suspension of Parliament raises the chance of a no-deal Brexit outcome.
Its base case with a 45% probability remained that a close variant of the existing Brexit deal which was rejected three times will pass in the House of Commons.
The bank cut the probability of no Brexit to 30% from 35%.”
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