{podcast} The UK parliament has just voted – by 4 votes – to support the so-called Speldman amendment which rejects a ‘no deal’ Brexit in clearer terms than the Prime Minister’s own motion. Yet the Prime Minister’s own motion rejecting leaving without a deal has also passed (by 321 to 278). While in reality the passage of neither of these bills can definitely eliminate the risk of a so-called ‘hard Brexit’ (after all, any alternative will still require EU approval) it has further reduced the chances of it. Hence Sterling, which recouped its Tuesday night losses in anticipation of the Prime Minister’s motion not to ... (full story)