Scotland’s Sturgeon warns of catastrophic 'no deal' Brexit - Reuters

FXStreet Team FXStreet

Scottish First Minister Nicola Sturgeon told a discussion at Thomson Reuters in London, she believed the UK was at a juncture when it could face a softer Brexit or a “no deal” Brexit, despite no majority for a hard Brexit in the country.

Key Quotes:

“At some point, that majority for the least damaging Brexit, a softer Brexit, at some point has to assert itself.”

“The danger, if I am being less optimistic, or pessimistic, is that the whole process crashes before that can emerge because time is running out and the clock is ticking.”

“I guess there is a real risk - probably a greater risk today than there was three, six, nine months ago - of the whole process falling apart.”

“There is a real risk of a no deal Brexit and that would be pretty catastrophic.”

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