Goldman Sachs: March 29 deadline likely to be extended for Brexit deal

Goldman Sachs analysts suggest that in the UK, as there is still no majority in the parliament for PM May’s Brexit deal, and no majority for leaving without a deal, chances are growing that the March 29 deadline will be extended.

Key Quotes

“The path forward lacks agreement as May seeks changes from the EU in order to win support for her deal but may ultimately need to pivot to a softer form of Brexit in order to secure a majority.”