Dirhams & Dollars

The exit plan UK Prime Minister Theresa May has spent the past two years negotiating with the EU lay in ruins on Tuesday night, following a historic defeat in the House of Commons. Now the fun part begins: What the hell happens next? Where does Brexit go from here? The answer to that is complicated, and involves a number of possibilities. We try and dissect those different avenues on the podcast today, talking about what happened in the vote, and the likely outcome of the no confidence motion. Will there be a general election? A second referendum? A modified version of May’s deal? All of which will need to take place in the next eight weeks, if the UK wants to avoid asking for an extension to the March 29 deadline by which it must have exited the EU. All options remain on the table. Soft Brexits, Hard Brexits, No Brexits. Everything is still to play for. This brings much uncertainty. On Wednesday, it felt like the markets were holding their breath, waiting to see what came next. May’s defeat, if not its