Brexit extension, election still most likely, says UBS
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LONDON (Reuters) - UBS Wealth Management said on Friday it still expects the UK government to ask for an extension to the deadline for exiting the European Union and to hold a general election, though it acknowledged that chances of a Brexit deal have increased.Sterling has rallied hard since Thursday when Britain and Ireland said they might have a pathway to a deal by Oct. 31 but Dean Turner, economist at the wealth manager told clients an extension and general election are still the most..