19th December 2018

Is this the end of the road for Theresa May?

This week pretty much sums up the year; a lot of noise and drama and we’ve ended up back where we started. The challenge to Theresa May dominated the airwaves for two days, but despite seeing off the challenge, nothing about Brexit has fundamentally changed. While the PM is temporarily safe from her own party; she still has a deal nobody wants and seems unlikely to get any material change from the EU, who are just as fed up with the whole process as we are. We still think that May’s strategy is to run the clock down and try and force something through at the end. Other scenarios involving a referendum or election require too much risk for the Conservative party, so we think they fall in line at the end.

 

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