EU customs union - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Fri, 19 Apr 2019 12:56:26 +0000 en-US hourly 1 https://wordpress.org/?v=7.1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png EU customs union - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 The chances of no Brexit are now greater than no deal, poll of economists finds https://www.garnertedarmstrong.org/the-chances-of-no-brexit-are-now-greater-than-no-deal-poll-of-economists-finds/?utm_source=rss&utm_medium=rss&utm_campaign=the-chances-of-no-brexit-are-now-greater-than-no-deal-poll-of-economists-finds Thu, 18 Apr 2019 12:15:09 +0000 http://www.garnertedarmstrong.org/?p=26980 It’s more likely Brexit will be cancelled than the United Kingdom will leave the European Union without a deal A poll of economists has found that the UK leaving the EU without a deal is now less likely than Brexit being cancelled. The latest research by Reuters showed very few predicting a “disorderly” departure but that a...

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]]> It’s more likely Brexit will be cancelled than the United Kingdom will leave the European Union without a deal

A poll of economists has found that the UK leaving the EU without a deal is now less likely than Brexit being cancelled.

The latest research by Reuters showed very few predicting a “disorderly” departure but that a free-trade deal would be agreed.

Only one of the 51 respondents said a ‘no deal’ outcome was more likely than not, the average probability being 15 per cent – the lowest chance since Reuters began asking the question in July 2017.

Nigel Farage has bet £1,000 that his Brexit party will secure the most seats (at the European elections Credit: Matthew Lewis)

BNP Paribas economists said: “Apart from the fact that no-deal Brexit is now less likely, the path ahead is as unclear as ever. A deal (and likely a softer Brexit) still seems more likely than not but we are sceptical that this will happen any time soon.”

The poll also found most respondents expect a raise in interest rates by the Bank of England to be pushed back.

Now delayed until October, the UK is not due to leave the EU until October 31 – contingent on a withdrawal agreement being passed in parliament.

As yet, prime minister Theresa May’s withdrawal agreement has suffered two historic defeats and a series of indicative votes in the House of Commons have failed to accrue a single majority. The slimmest margins of defeat have been for membership of the EU’s customs union and a second referendum.

European elections at the end of May draw closer. The Brexit party led by Nigel Farage is leading in the polls.

Source: https://www.joe.co.uk/news/no-brexit-no-deal-poll-228430

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