Probability of delay to Brexit now 'very high' – Citi

Economists at the US investment bank, Citi, offer their afterthoughts on the Brexit vote rejection by the UK Parliament.

Key Quotes (courtesy Reuters):      

There is now a “very high” chance that Brexit will be delayed past March 29.

“After tonight’s emphatic rejection, small tweaks won’t get the deal over the line,” 

“The probability of Article 50 extension is now very high, and the stock of Article 50 revocation is rising too.”