18 Mar 2019
British politics has faced a turbulent week: three nights of Brexit votes, a Spring Statement and a downgrade to economic growth.
Market prices have swung on each twist as investors attempt to digest a constantly shifting set of possible outcomes. The single constant factor is uncertainty. With the scheduled exit date of 29 March looming, key questions have risen to the fore: will the date of departure be extended (which would require the agreement of the other EU nations)? Or could Article 50 - Britain’s formal notice of exit - be revoked (something the UK can do unilaterally)? Will the UK leave the European Union at all? Or will it leave with no deal and no transition period in place?