Goldman Sachs lowers chances of no-deal Brexit as cross-party talks continue

A pro-Brexit protester demonstrates outside the Houses of Parliament, as Brexit wrangles continue, in London, Britain, April 4, 2019. REUTERS/Henry Nicholls

LONDON (Reuters) – Goldman Sachs cut its estimate of the likelihood Britain leaves the European Union without a deal on Friday after Prime Minister Theresa May embarked on further cross-party talks to break a deadlock over how, when, and even whether Brexit would happen.

Economists at the U.S. bank upped their chances of a modified version of the current Brexit deal agreed with the EU passing to 50 percent from 45 percent.

The economists’ central scenario was still for Britain to leave the European Union “in an orderly fashion” before European parliamentary electio


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