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Britain’s Prime Minister Theresa May on Sunday, 6 January, said that if the parliament rejects the Brexit deal later this month, Britain will be in uncharted territory, as reported by Reuters.
On 29 March, Britain is scheduled to leave the European Union. The situation for the business leaders and investors has been alarming as May is unable to get her deal for a managed exit through the parliament, which will mean a no-deal Brexit.
In an interview, May told BBC, "We're going to be in uncharted territory. I don't think anybody can say exactly what will happen in terms of the reaction we'll see in parliament."
In December, May had already delayed the vote once when she saw she would lose unless extra reassurance from the EU was given.
As far as May's party is concerned, the vote on her deal stands divided, as many fear that an insurance policy designed to avoid re-emergence of a hard border between Ireland and Northern Ireland could leave Britain subject to EU rules indefinitely, as reported by Reuters.
May said, "Don't let the search for the perfect become the enemy of the good, because the danger there is actually we end up with no Brexit deal."
(With inputs from Reuters.)
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