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And context changes everything. Go to Bloomberg.com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

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Bloomberg And of the

the morning we've been we're delighted to be

interview of the morning we've been we're delighted to be joined by the former UK

Prime Minister he is at Tony Blair who opposes Brexit

and of course has campaigned for a second referendum. Mr Tony Blair, thank you for

joining a surveillance once again. What is the chance now of a no deal?

Is it 50-50?

I think the chances of a no deal are very small actually because really what's happened in the in the past few days

is that Parliament in a sense has taken charge of this process and there was a defeat

for the government the other night, which effectively means that Parliament now has the right to go through all the different options on Brexit.

So I think what will happen is it's highly unlikely that her deal will pass because it's being attacked

on many different fronts by many different groups but then I think Parliament will

go through what are all the potential alternatives and that will include

obviously the possibility that if Parliament can't reach an agreement if there's a

blockage essentially in Parliament then we go back to the people in order for the issue to be resolved and resolved

finally so but I don't think there's a majority in Parliament for no deal I think on

the contrary there's a big majority in Parliament against no deal.

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