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9 Jun 2017
Will PM May walk away from ‘Hard Brexit’?
The latest BBC forecast sees Tories falling short of a majority by eight seats. Does it mean the Britons have rejected May’s Hard Brexit stance?
The election was widely seen as Brexit referendum 2. May’s confrontationist attitude towards Brussels was widely criticized by Labour’s Corbyn. It seems, the UK citizens too have rejected the idea of hard Brexit as well.
PM Theresa May might refer to the poor showing as Britain’s verdict on Brexit and could walk away her ‘Hard Brexit’ stance. Investors should not rule out the idea of another Brexit referendum considering what Brexit Minister David Davis said earlier today.
A potential shift from ‘Hard Brexit’ to ‘Soft Brexit’ could strengthen the British Pound.