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Brexit Hell: Latest Odds

Written by:
Reuters
Published on:
Mar/29/2019
  • Brexit exit dates in 2019 at 1/10 odds most books

  • Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday

  • A succession of European leaders said there was a very real chance Britain would now leave without a deal


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Most online bookmakers had Brexit going into effect this year at 1/10 odds, practically a lock.

Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it was supposed to quit the bloc.

The decision to reject a stripped-down version of May’s divorce deal has left it totally unclear how, when or even whether Britain will leave the EU, and plunges the three-year Brexit crisis to a deeper level of uncertainty.

“I fear we are reaching the limits of this process in this House,” May told parliament after the defeat. “The implications of the House’s decision are grave.”

Within minutes of the vote, European Council President and summit chair Donald Tusk said EU leaders would meet on April 10 to discuss Britain’s departure from the bloc.

A succession of European leaders said there was a very real chance Britain would now leave without a deal, a scenario that businesses fear would cause chaos for the world’s fifth-biggest economy.

With the chaos comes new leadership with Michael Gove listed as a 4/1 favorite to be named next Prime Minister.

- Reuters was used for this report

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