The pressure’s off. The European Union and Britain agreed last week to extend the deadline for their divorce from yesterday to Oct. 31, allowing time to work out a post-Brexit relationship and avoid the U.K.’s “crashing out” of the bloc. That left Prime Minister Theresa May, who continued to negotiate with Labour Party rivals on Friday, facing the anger of her own conservative party members.
What’s next? Many believe the six-month delay allows time for a new Brexit referendum, but Chancellor of the Exchequer Philip Hammond said he didn’t think there would be enough time to organize a vote.