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Barclays write that "with the UK parliament......>

UK
UK: Barclays write that "with the UK parliament having rejected by a large
margin the Withdrawal Agreement (WA) negotiated under PM May's authority, the
government is expected to provide an alternative course of action. In light of
this, and pending developments on Wednesday, the risks of a delay to the UK's
exit from the EU and an extension of Article 50 have now risen materially. In
terms of next steps, the PM is likely to make a last attempt to renegotiate with
the EU amendments to the backstop. While this keeps open the possibility of
ratification in coming months, as per our original expectation, the probability
of delays and alternative scenarios has increased."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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