Chaos, deal or new vote: What is grand Brexit finale?
Prime Minister Theresa May is trying to clinch a Brexit divorce deal with the European Union but the bigger challenge may be to get any agreement approved by the British parliament.
With less than five months until the United Kingdom is due to leave the EU on March 29, how might the Brexit finale play out?
Following are possible scenarios:
1) DISORDERLY BREXIT
– DEAL REJECTED
Any deal must be approved by British lawmakers. If they reject it, Britain would face leaving the EU without an agreement. Sterling, which has fallen to $1.28 from $1.50 on the day of the referendum, would sink while bond yields on UK debt would likely fall.