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Expert Analysis

UK Election Result: Stalemate Or Checkmate For Business?

By Sir Paul Jenkins and Alistair Maughan (June 13, 2017, 1:20 PM EDT) -- Following the U.K. General Election on June 8, the focus today shifts to the implications of the election result that have led to a "hung" Parliament — including, in particular, the likely practical effects on Brexit. The immediate effect is greater political and governmental uncertainty in the U.K., which means, in no particular order, a weaker pound, a lower likelihood of a "hard Brexit," delays in the Brexit process, and more difficult Brexit negotiations generally. Life just got harder for businesses trying to plan for the consequences of Brexit....

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