Boris Johnson: I am not aiming for a no-deal Brexit outcome

Author: Justin Low | Category: News

UK PM candidate favourite, Boris Johnson, begins his official campaigning

  • I don't think we will get a no-deal Brexit
  • But it is only responsible to prepare for such an outcome
  • UK must leave the EU on 31 October
  • Government must deliver on the Brexit vote
  • Must do better than the current Brexit deal
His pretty words here are giving the pound a bit of a lift on the day with cable rising to a session high of 1.2752 now. But much like a lot of politicians during the campaign period, can you really trust on him to deliver on that?

There's almost no way that the EU will be willing to renegotiate a deal so there won't be a better offer. Hence, it's either the UK parliament finds a compromise through the new prime minister or risk facing a no-deal outcome.

If they won't go through the latter, then a general election or a second referendum will be the two other scenarios that may eventually play out.

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