Goldman Sachs raises chances of no-deal Brexit after UK PM's late reprieve

Goldman Sachs on Friday lowered its expectations of UK Prime Minister Theresa May's Brexit deal getting ratified, and hiked its estimate of the chances of a "no-deal" exit from the European Union. The changes to the bank's previous predictions came after the EU agreed to grant the UK a short reprieve, until April 12, before Britain could lurch out of the EU if May fails to persuade lawmakers to back her withdrawal treaty.

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