Post-Election Britain: Soft, Softer Or Softest Brexit?

By Markus Gehring (June 20, 2017, 12:16 PM EDT) -- Although some U.K. political actors, like Prime Minister Theresa May and Brexit Minister David Davis, still insist that most U.K. citizens want a hard Brexit — meaning pulling out of the single market to regain control over Britain's borders and reduce immigration — the results of the general election earlier this month indicate that a much softer form of Brexit is now more likely. This hard version of Brexit as outlined in a white paper by the U.K. government could be summarized in the catch phrase by the former government that, "No deal would be better than a bad deal." Of course the fear of not agreeing on a deal with the rest of the EU, and potentially trading on the terms of the World Trade Organizaton (WTO), were reasons why no overwhelming Brexit mandate was given to May....

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