And with Scotland on the brink of making a new bid for independence and warning signs that the Brexit vote is beginning to hit the economy, political analysts warned that May still faces plenty of obstacles. Warnings from EU leaders that Britain will have to pay a hefty exit bill and face tough conditions for leaving the bloc have added to the uncertainty. Parliament gave final approval on Monday to a bill empowering the prime minister to begin Brexit, clearing her path to embark on the delicate task at any time. But she will be sitting across the table from EU leaders who face nationalist movements in their own countries and fear Britain’s exit may only be the first. The resilience of the economy has so far helped May, as pre-referendum warnings that a Brexit vote would spark a recession have so far failed to materialise.

Source: Manila Times March 13, 2017 23:48 UTC