Goldman Sachs: Brexit Deal Defeat Makes 'Softer' Exit More Likely

According to Reuters British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a heavy margin on Tuesday. Goldman Sachs said on Wednesday the vote has made a softer, later Brexit, or even no Brexit at all, slightly more likely . Goldman Sachs’ European economist Adrian Paul wrote in a note “We think the prospect of a disorderly ‘no deal’ Brexit has faded further.