Will Brexit Now Be Hard, Soft or Scrambled?: QuickTake Q&A – Bloomberg

Here’s an excellent read from Bloomberg. It reports that a year since Britain voted to leave the European Union, the debate over how that will work is again in the air after the June 8 election stripped U.K. Prime Minister Theresa May’s Conservative Party of its overall control of Parliament. It suggests that suspicion that voters turned against her original plan — plus doubt that enough lawmakers would now support it — is forcing May into a rethink just as already complex negotiations with the EU are to begin.

Source: Will Brexit Now Be Hard, Soft or Scrambled?: QuickTake Q&A – Bloomberg

Both hard and soft have their respective advantages and disadvantages. Also an orderly way forward is preferable to a scambled solution. Everything seems preferable to hostile exit and years of litigation and economic chaos.

Because of the election result, parliament will have a greater influence on Brexit and this is good. But May’s cabinet contains heavyweights with radically different Brexit views. We can expect Philip Hamond to champion soft Brexit and to go into battle with the Brexit triumvarate, namely Davis, Fox and Johnson.

Views?

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