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Second UK Brexit vote risks irreversible damage

Wednesday, January 9, 2019

Significance

A rejection of the deal would increase momentum for a second referendum, especially if it becomes the only means of avoiding a no-deal Brexit.

Impacts

  • If it revoked Article 50, the United Kingdom would be able to re-enter the EU on the same terms they had prior to the referendum.
  • Some businesses may delay or postpone plans for relocation.
  • A second vote would result in parliamentary division over issues such as the date of the referendum and what questions should be asked.

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