A British Union flag, also known as a Union Jack, flies beside European Union (EU) flags as pedestrians walk outside the Houses of Parliament in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

The Biggest Brexit Loser This Time Wasn’t May

(Bloomberg Opinion) -- Britain may or may not have taken a small step closer to exiting the European Union on Wednesday night. Who can tell? But it took a giant leap away from the vision that hard-...