Britain’s PM May Played With Fire And Got Burned, Brexit Talks Even More Difficult And Futile – Forbes
One should never take elections for granted.
Theresa May once campaigned to remain in the European Union with PM David Cameron, but he lost that gamble and May succeeded him with a mandate to get Britain out of the union.
Feeling unsure with a narrow majority in parliament, scenting blood as Labour leader Jeremy Corbyn seemed in trouble, she called a snap election years before it had been due to cement her negotiating position.
But she lost. The Conservatives remain the biggest party but with fewer seats and certainly no absolute majority.
This may mean that May has to go, or at least re-shuffle her government, and also shows that the will in Britain for Brexit is perhaps not as strong as the tabloids had led her to believe.
The Brexit clock is ticking as May has triggered the so-called “article 50” and it will be hard to stop that train, even though it seems more advantageous to Britain to engage in a larger re-definition of the EU, than to sit alone on the island trying to throw lines to other trading partners and engage in a lengthy war of words or worse with the continent.
France’s Emmanuel Macron and Germany’s Angela Merkel are thinking about tweaks to the EU that might in fact answer some of the criticism of Britain. It is also possible that some EU nations, that are in the euro, engage in closer economic and monetary co-operation to which Britain does not need to sign up.
In the end the big question is whether Brexit is worth the trouble and hassle and whether it is really better for Britain, now that Scotland considers a second vote to separate from the United Kingdom and that norther Ireland has strengthened its hand in parliament.
The pound is likely to suffer from the new uncertainty.
As one British man said on Facebook; “All we care about and need to know is how many beers I can get with 5 euros in Benidorm”