It’s back. Despite repeated parliamentary votes to rule out the prospect of the U.K. leaving the European Union without a deal in place to govern its relationship with the bloc, the revived threat of a “no-deal” Brexit put renewed pressure on the British pound on Thursday. Sterling changed hands at $1.2797 versus the U.S. dollar GBPUSD, -0.4048% in recent trade, near its lowest since Feb. 18 and leaving the currency on track for a 1.6% weekly slide. British Prime Minister Theresa May is expected to again attempt to push her Brexit plan through the House of Commons in early June. Versions of her plan have faced ... (full story)