Britain facing long Brexit delay as stalemate puts divorce in doubt
Updated : April 04, 2019 07:21 PM IST
Brexit is now in mired in doubt, nearly three years since the United Kingdom shocked the world by voting 52 percent to 48 to leave the bloc. Supporters fear betrayal and opponents are pushing for another referendum.
May, who has already delayed Brexit once, is now trying to find a way to get a divorce deal approved by courting opposition Labour Party leader Jeremy Corbyn who wants to agree a much closer post-Brexit economic relationship with the EU.
The chaos has raised fears of a disorderly exit that would shock the British economy, roil financial markets and even hurt global trade. The European Central Bank has warned that markets need to price in a no-deal Brexit.
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