General News

UK Bookmakers Cutting Odds on No-Deal Brexit

No deal brexit

As the Brexit deal is witnessing radical shifts, bookmakers in the UK are quickly trimming the odds on a no-deal Brexit. The European Union has already admitted that it is “increasingly likely” that Britain will say goodbye to the EU without a deal.

British Prime Minister Theresa May still has two weeks to find a solution to the problem. Friday, March 29, is the day the UK formally bid adieu to its former allies, but it is highly likely that the date will be shifted to April 12, the time when the EU decides about European Parliament Elections.

The Prime Minister will table secondary legislation by Friday that will remove the original deadline of Brexit from the law. Britain could then get some more time to rethink its relationship with the European Union. However, it is difficult to pinpoint when exactly the UK will be out.

If Theresa May is able to convince her fellow MPs on her proposal, then the British exit could be delayed till May 22. However, if she is unable to make a convincing proposal, the date will only be pushed till April 12, and the country will have to move out of the EU without getting a concrete agreement for the future if they don’t come up with a new solution for this problem.

Bookmakers believe that a third ‘meaningful vote’ won’t pass and most political betting sites are offering 2/5 on the likelihood that the House of Commons will be rejecting May’s Brexit deal for the third time. The EU is unphased with these issues and insists that they are fully prepared for a future where Britain leaves without a deal.

In a press release, it said that the no-deal preparations have already been completed.  Political betting traders at Paddy Power were alerted following the remarks as this situation looks highly likely. It has shortened its odds from 10/3 to 11/4. The EU has advised its citizens and businesses to stay informed about the consequences of a no-deal scenario. It mentioned that such a condition is not desirable, but the EU is ready to face it.

The UK has another way out of the situation, i.e., revoking Article 50, the legislative procedure followed by an EU member state which intends to leave the union. Over 5.5 million Britons signed a petition to cancel Brexit, but May suggests that it will not happen. The bookmakers believe May, and the odds are set at 5/2.

About the author



Click here to post a comment

Your email address will not be published.

  • Hello, Neat post. There’s an issue together with your web site in internet explorer, could check this?K IE still is the marketplace leader and a large element of other folks will omit your excellent writing due to this problem.

  • I just wanted to jot down a quick remark in order to appreciate you for those lovely ideas you are posting here. My rather long internet lookup has at the end of the day been compensated with reputable insight to exchange with my relatives. I would say that most of us website visitors are extremely fortunate to exist in a very good website with so many marvellous people with very beneficial concepts. I feel very privileged to have used your webpage and look forward to really more fun moments reading here. Thank you once again for everything.

  • I needed to send you that very small remark in order to thank you very much once again for your personal beautiful concepts you have documented in this article. This is particularly open-handed with people like you to make unhampered what a few individuals could possibly have offered for sale for an ebook in order to make some cash on their own, especially seeing that you might have tried it if you considered necessary. The strategies likewise acted like the fantastic way to fully grasp many people have a similar fervor much like my own to see good deal more pertaining to this issue. I am sure there are some more enjoyable moments ahead for those who looked over your blog post.

  • I truly wanted to jot down a brief comment to express gratitude to you for some of the great concepts you are writing at this site. My considerable internet look up has at the end of the day been compensated with pleasant knowledge to go over with my company. I would declare that we visitors are rather blessed to exist in a really good place with so many lovely professionals with interesting techniques. I feel truly happy to have come across the web page and look forward to many more excellent minutes reading here. Thanks again for all the details.

  • I truly wanted to make a note in order to express gratitude to you for all of the splendid strategies you are posting on this site. My extensive internet lookup has now been compensated with reasonable facts and techniques to write about with my pals. I would state that that we readers actually are definitely lucky to dwell in a magnificent site with many outstanding people with good tips and hints. I feel rather privileged to have used your entire web pages and look forward to really more fun times reading here. Thanks once again for all the details.

  • I’m also commenting to make you understand what a magnificent discovery my friend’s princess developed using your webblog. She figured out too many things, not to mention how it is like to have a great giving spirit to make folks very easily learn various advanced topics. You actually exceeded our desires. Thanks for supplying these priceless, trustworthy, explanatory and fun tips about that topic to Gloria.

  • I am also commenting to make you be aware of what a amazing experience my cousin’s princess encountered going through your webblog. She came to find many issues, including what it is like to have an amazing helping mood to have most people without problems understand specified very confusing issues. You really did more than her desires. Thanks for delivering the beneficial, trustworthy, educational and as well as fun tips about that topic to Gloria.

  • I enjoy you because of each of your effort on this site. My daughter loves doing investigations and it’s easy to see why. Almost all notice all regarding the lively medium you present valuable tips and hints on this website and as well as welcome participation from others on this subject plus our favorite princess is undoubtedly being taught a lot of things. Have fun with the rest of the year. You are always carrying out a really good job.

  • I happen to be commenting to make you understand what a brilliant encounter my wife’s child developed using yuor web blog. She mastered lots of things, with the inclusion of how it is like to have a great giving mood to get most people without hassle fully grasp a number of tortuous topics. You undoubtedly surpassed our desires. Many thanks for supplying such useful, trustworthy, informative and even easy tips about your topic to Kate.

  • I intended to compose you that bit of note to finally thank you very much over again with the remarkable basics you have contributed on this site. It is really unbelievably generous with people like you to deliver without restraint what a number of us might have sold as an electronic book to help with making some cash for themselves, and in particular considering the fact that you might have done it if you ever decided. The points also served to be the easy way to comprehend the rest have the identical fervor really like mine to know lots more with reference to this problem. I am certain there are many more pleasant instances up front for those who see your site.

  • I am just writing to let you know what a outstanding discovery my friend’s girl developed checking your webblog. She picked up too many issues, not to mention what it is like to have a marvelous helping style to let the rest quite simply know precisely specified extremely tough subject matter. You really surpassed her desires. Thanks for churning out these priceless, healthy, educational as well as unique tips about that topic to Mary.

  • I needed to put you one bit of remark to help give many thanks over again for the pleasant guidelines you’ve discussed on this page. This is so particularly generous with people like you to allow unhampered what exactly numerous people might have made available as an ebook to end up making some bucks on their own, chiefly since you could have done it if you ever decided. The good tips also served to become good way to fully grasp someone else have similar interest like my own to know somewhat more regarding this problem. I think there are thousands of more pleasurable occasions ahead for many who view your blog post.

  • My spouse and i got now fulfilled John could finish up his survey with the ideas he gained from your very own web page. It is now and again perplexing to just possibly be handing out guidelines which usually other people could have been making money from. So we grasp we need you to be grateful to because of that. Those explanations you have made, the simple blog menu, the friendships you can help to promote – it is many sensational, and it’s really helping our son in addition to the family reason why the article is satisfying, which is quite essential. Many thanks for all the pieces!

  • I wish to get across my admiration for your generosity supporting folks that should have assistance with this field. Your personal dedication to getting the solution across became certainly beneficial and have surely permitted associates like me to arrive at their goals. This insightful instruction indicates so much a person like me and especially to my office workers. Best wishes; from each one of us.

  • Thanks for your whole hard work on this blog. My mother loves conducting research and it is easy to see why. A lot of people notice all relating to the lively medium you provide vital things through your web site and in addition increase participation from other individuals on the subject matter and our daughter is undoubtedly understanding a lot. Take pleasure in the rest of the new year. Your performing a pretty cool job.

  • I intended to put you that tiny remark to give many thanks yet again for all the pretty techniques you’ve shared in this case. It is quite particularly open-handed with you to make unreservedly precisely what some people could possibly have distributed as an electronic book to help make some money for their own end, especially now that you could have done it in the event you considered necessary. Those tactics in addition worked like a fantastic way to be certain that some people have a similar dreams similar to mine to know good deal more on the subject of this problem. I know there are thousands of more fun instances up front for folks who view your website.

  • I am only writing to let you know what a terrific discovery my cousin’s girl experienced reading through your web page. She discovered so many pieces, with the inclusion of what it’s like to have an incredible helping mood to get folks without difficulty learn about chosen very confusing topics. You truly did more than visitors’ desires. Thanks for giving those warm and friendly, dependable, revealing and also fun tips on this topic to Kate.

  • I simply desired to say thanks once again. I’m not certain the things I would have worked on without these smart ideas discussed by you relating to such topic. It truly was a very terrifying issue for me personally, however , encountering a new skilled style you processed it forced me to cry over happiness. I will be happy for the service and as well , expect you are aware of a powerful job your are undertaking teaching most people via your blog post. Probably you have never got to know any of us.

  • Thanks so much for providing individuals with remarkably terrific opportunity to read in detail from here. It’s usually so fantastic and as well , stuffed with amusement for me and my office co-workers to visit your blog more than three times in 7 days to find out the latest items you will have. Not to mention, I’m at all times satisfied concerning the superb solutions served by you. Selected 3 points in this article are basically the most efficient we have had.

  • I precisely desired to thank you so much all over again. I do not know what I could possibly have accomplished without those solutions provided by you about my topic. It was before the frustrating dilemma in my opinion, however , being able to see the skilled style you solved it took me to leap over delight. I’m just happier for the work and even expect you recognize what a great job you are always undertaking instructing people today with the aid of a site. I know that you have never come across all of us.

  • I and also my buddies appeared to be looking at the nice solutions located on the website and so at once I had an awful feeling I never thanked the blog owner for those strategies. The people ended up warmed to read all of them and have really been enjoying these things. Appreciate your turning out to be really kind and for utilizing this kind of wonderful topics millions of individuals are really desperate to know about. My sincere regret for not expressing gratitude to earlier.

  • I am also writing to let you know what a remarkable encounter my princess enjoyed checking the blog. She realized several issues, which included what it’s like to possess an excellent coaching character to get many people effortlessly understand a number of tricky matters. You undoubtedly did more than people’s expected results. Thanks for rendering such good, healthy, explanatory and as well as cool thoughts on that topic to Kate.

  • I am only writing to let you understand of the awesome discovery my cousin’s daughter gained reading your web page. She realized some issues, including how it is like to have an excellent teaching mindset to make others smoothly know just exactly specified problematic things. You actually surpassed people’s expectations. Thanks for delivering those precious, dependable, explanatory as well as cool thoughts on your topic to Julie.

  • My spouse and i got absolutely thankful Raymond could round up his investigations with the ideas he grabbed from your very own site. It is now and again perplexing to simply possibly be giving for free guidelines people could have been selling. And we also remember we now have the writer to appreciate for that. The most important explanations you’ve made, the simple web site navigation, the relationships you give support to engender – it’s all awesome, and it’s aiding our son in addition to us do think this topic is thrilling, which is certainly highly fundamental. Many thanks for the whole thing!

  • I wanted to write you a very little note to be able to thank you so much again regarding the great advice you’ve featured in this article. This has been certainly incredibly open-handed of people like you to deliver openly what a few people could possibly have supplied as an ebook to help make some dough for their own end, and in particular considering that you might well have tried it if you ever desired. The solutions additionally acted as a easy way to recognize that other people have the same desire like mine to grasp way more in respect of this condition. I believe there are numerous more pleasurable times in the future for people who start reading your blog post.

  • I would like to convey my gratitude for your kind-heartedness giving support to men and women that have the need for help on your area of interest. Your very own dedication to passing the solution all-around came to be incredibly informative and have constantly helped employees just like me to realize their desired goals. Your entire insightful information denotes a lot to me and a whole lot more to my peers. Thank you; from each one of us.

  • I would like to express appreciation to you for bailing me out of this particular instance. Right after researching throughout the online world and getting views which were not helpful, I assumed my entire life was well over. Existing without the presence of solutions to the difficulties you’ve resolved all through your post is a serious case, as well as ones that would have badly damaged my entire career if I had not discovered your blog post. Your primary expertise and kindness in controlling all areas was priceless. I am not sure what I would have done if I had not encountered such a point like this. I can at this time look forward to my future. Thanks a lot very much for your skilled and effective help. I will not hesitate to suggest your site to any individual who would like recommendations about this issue.

  • I precisely needed to thank you very much once again. I’m not certain the things that I would have handled without those pointers shared by you about this subject. It had been the alarming problem in my circumstances, but encountering a new specialised fashion you processed that made me to leap over gladness. I am just happier for the support as well as hope that you find out what a powerful job that you are getting into training people all through your web page. Probably you haven’t got to know all of us.

  • My husband and i ended up being now satisfied that Albert could complete his basic research by way of the ideas he grabbed in your weblog. It’s not at all simplistic to simply find yourself offering hints that many some other people might have been selling. So we consider we have you to be grateful to for this. The specific illustrations you made, the simple website navigation, the friendships you can give support to engender – it’s all fantastic, and it’s assisting our son in addition to us recognize that the article is entertaining, and that is really vital. Many thanks for everything!