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LGT Navigator: Renewed Brexit defeat

March 13, 2019

Britain's Prime Minister Theresa May suffered another severe defeat in Parliament yesterday, when the withdrawal treaty she negotiated with the EU was once again rejected by 391 votes to 242. This means that only two weeks before the UK's withdrawal from the EU, scheduled for March 29, there is a risk of a disorderly Brexit. Parliament is to vote today on whether Great Britain should leave the EU without an agreement. If there is a "no" vote, a decision will be made on Thursday to postpone the withdrawal date.

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