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Speculation that another general election is imminent has intensified in recent weeks.
The Prime Minister appears set to have one more go at getting the House of Commons to ratify the Withdrawal Agreement today.
The Prime Minister's announcement on Sunday that the meaningful vote in parliament on her Brexit deal will be delayed from this week, until March 12, came as no surprise after a series of prior postponements.
We expect MPs this week to take a big step towards a soft Brexit, which has been our base case since the referendum.
Sterling held on to its recent gains yesterday despite mounting speculation that Eurosceptic Conservative MPs are plotting a leadership challenge.
The Prime Minister has revealed that her Plan B for Brexit is to get Eurosceptics within the Tory party on side in an attempt to show the E.U. that a deal could be done if the backstop for Northern Ireland was amended. Her plan is highly likely to fail, again.
The Prime Minister is in a position on Brexit all chess players dread: zugzwang.
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