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Brexit Update: New Developments Raise No Deal Risks

By Advisor Perspectives
Financial Services

Two important political developments in the UK over the last week have raised new questions about the Brexit outlook. While there’s still time for a compromise to be reached, we think the risk of the UK leaving the EU without a deal has increased.

Last week’s dramatic events were not entirely unexpected. First, Prime Minister Theresa May announced that she is stepping down. Second, the newly formed Brexit Party cantered to victory in European parliamentary elections. Now, the key question is how these events impact our thinking on Brexit and the broader UK political backdrop.

Read more at Advisor Perspectives.

Photo: iStock

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