Theresa May Opens Mouth, Says No-Deal Brexit Prep Now ‘Stepping Up’

Theresa May opened her mouth and, predictably, risk sentiment was subsequently undermined. After reports indicated that May would pull Tuesday's planned vote on the Brexit deal, pushing sterling to 18-month lows and catalyzing a rally in Gilts in the process, the embattled UK PM is on the tape and the headlines are not encouraging. "The government will step up no-deal Brexit preparations", she said, in a speech that also indicated the vote on the current Brexit deal could be postponed until "a