Daily Briefing: A new level of Brexit uncertainty beckons

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Daily Briefing: A new level of Brexit uncertainty beckons
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Daily Briefing: - EU gives Theresa May till October for Brexit - PM May not close to breaking Brexit deadlock with Labour - finance spokesman McDonnell - Extension deadline to Halloween does little to disturb sterling from recent slumber

The only thing we now know is that Britain will not leave the EU tomorrow; the rest is up in the air. The first question is whether the longer extension nowto agree a cross-party deal: if it does - as many now assume is the case - it will be a torrid summer. Pro-Leave and pro-Remain groups will use May 23 European Parliament elections as a proxy war over Brexit.

Hard Brexiters will try to take control of the Conservative Party and be ready to commit a no-deal Brexit if necessary. If, on the other hand, the large pro-EU campaigning networks that have emerged since the June 2016 Brexit vote can secure a clear victory in the European Parliament elections, that could also have game-changing clout.

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