Investment Note 15th November 2018

UK cabinet approve proposed Brexit deal

The UK Prime Minister has, after five hours of intense negotiation, managed to secure a majority approval from within her own cabinet for the draft Brexit deal agreed with Brussels. Whilst this agreement does, by no means, ensure the survival of the agreed deal, it does take a symbolic step towards an agreement to break away from the EU. The PM must now face the task of getting the deal through parliament which will likely see large scale revolts on both sides and could likely end up with her leadership seat being contested which will throw the pound into further turmoil. Uncertain days ahead.  



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