So, in other words, they are in the same exact position that they were in 3 years ago, when Brexit was first created. What a joke.
The UK has a Brexit extension and here is what the big banks think
U.K. Prime Minister Theresa May has returned from Brussels with a Brexit extension that pushes the next deadline out to October 31. May has seen her preferred withdrawal from Europe rejected three times already but now has another six-and-a-half months to try to get some form of deal over the line. Whether her government calls a snap general election, works out a softer Brexit or doesn’t even leave the European Union are all still on the table. The possibility of Britain leaving the EU with no deal whatsoever also remains very much alive. After a long night in Brussels, CNBC rounds up the Brexit predictions from ... (full story)