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|14 March, 2019

Brexit: Goldman sees greater chance of PM May getting deal through

The new estimate is an increase from 55 percent

Britain's Prime Minister Theresa May visits the city of Salisbury one year after the nerve agent attack on former Russian spy Sergei Skripal, Britain March 4, 2019. Adrian Dennis/Pool via REUTERS

Britain's Prime Minister Theresa May visits the city of Salisbury one year after the nerve agent attack on former Russian spy Sergei Skripal, Britain March 4, 2019. Adrian Dennis/Pool via REUTERS

REUTERS

LONDON - Goldman Sachs said it sees a 60 percent probability of British Prime Minister Theresa May getting her deal to exit the European Union ratified after parliament on Wednesday rejected the option of a no-deal Brexit. 

The new estimate is an increase from 55 percent, which was set on Wednesday.

The bank said it still sees a "considerable" chance that Brexit will be reversed through a second referendum. Its subjective odds are at 35 percent.

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The bank reduced the probability of a no-deal Brexit further to 5 percent from 10 percent.

(Reporting by Josephine Mason and Helen Reid; Editing by Gareth Jones) ((Josephine.Mason@thomsonreuters.com; +44 207 542 7695; Reuters Messaging: josephine.mason.reuters.com@reuters.net))

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