May's decision to resign has injected a sense of nervousness into UK markets, given that her successor is likely to be more eurosceptic. May announced on Friday that she plans to step aside on 7 June, triggering a leadership contest which could last two to three months. Ultimately though, a new leader will face the same hurdles as Theresa May – a Parliament that is against ‘no deal’ and a European Union that is not prepared to renegotiate on the contentious Irish backstop. We still think a ‘no deal’ is unlikely, but not impossible – read why here. Swedish growth had a surprisingly strong end to 2018, but this ... (full story)