Brexit: Prepare for the Unthinkable Becoming Possible?

For George Osborne and Boris Johnson, the European Union referendum provided a potential arena to further their ambitions to succeed David Cameron as prime minister. It may instead have cut them short. The chancellor of the exchequer, the government’s key strategist in its push to keep Britain in the EU, has faced criticism for using the Treasury to support a campaign dubbed by opponents “Project Fear.” Former London Mayor Johnson, the highest-profile campaigner for a so-called Brexit, has also seen his credibility take a blow, as he struggles to make his mark as a serious politician. Former Chief Secretary to the Treasury Danny Alexander sheds light on why he believes Britain should remain in the EU. He joined Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."

U.K.'s Blair Puts Brexit Reversal Chance at 30%
57:38 - Former U.K. Prime Minister Tony Blair talks about the prospect of a reversal of the U.K.'s decision to leave the European Union. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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