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In Domestic Affairs

10 percent chance of No Deal remains, JP Morgan expects

1st March 2019

10 percent chance of No Deal remains, JP Morgan expects Pin It

The probability that the United Kingdom will start off without a deal from the European Union is 10%, predicts the American bank JP Morgan.

The possibility of new British elections is also estimated at 10% by the economists at JP Morgan.

The American bank also assumes that a prolonged postponement of the Brexit has a chance of 20%. The chance of a second referendum on Brexit is 15% according to the economists.

Premier May still has to make every effort to bring its Brexit plan through the British Parliament before the 29 March deadline.

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