Boris Johnson has wrangled his way into becoming the UK's Prime Minister. Congratulations are of course due!
Now the gnarly bit begins, what to do about that pesky Brexit problem?
I came across this interesting note from Nordea , who reckon another extension is the most likely outcome.
- we still find another extension likely
- The reason is simple. If BoJo does not seek an extension, it will end up with a general election in which he will most likely lose his newly found power.
- when BoJo finds out that it is not possible to deliver a "new deal" within a few months and a no-deal is unlikely without triggering a general election, then why not ask for more time to either try to negotiate a deal while keeping the PM post
- So all in all, an extension remains our main scenario …. We expect an extension until March 2020.
Meanwhile, this from the rascals at Private Eye:
