This morning has seen Brexit Secretary Raab resign from the UK Cabinet and is being followed out by others. PM Theresa May's Brexit deal has been widely welcomed by all 27 EU countries but is unlikely to pass through parliament. Boris Johnson has remained quiet as Jacob Rees-Mogg has submitted his letter of no confidence in the Prime Minister.

UK rate markets have already priced out the chance of the expected rate rises next year. GBP has fallen, but not collapsed. House builder shares have been hit.

UK Justice Minister on BBC R4 this morning said "If we do not accept The Prime Minister's deal the UK is in danger of a civil war!" as the Health Secretary Hancock said that he "cannot guarantee that people won’t die if we leave the EU with no deal.". Project Terror!!!!

But is 'No Deal Brexit' something to be feared?

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