Sakshi Batra does a 3 point analysis of what could be the options before the British parliament and what does it mean for India.
Moneycontrol News
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Theresa May’s Brexit deal was voted out by an unexpected margin – 202 in favor and 432 against.
The current developments open a plethora of Brexit options. Recent survey results point towards a higher chance of No-Deal Brexit.
This gives strength to Bank of England’s economic assessment in December meet wherein intensification of Brexit uncertainties along with global growth slowdown has dampened the near-term growth outlook for UK.
Further business investment has contracted for the past three quarters and expected to remain weak in the near term.
Sakshi Batra does a 3 point analysis of what could be the options before the British parliament and what does it mean for India.
First Published on Jan 16, 2019 02:55 pm
