(Bloomberg) -- With opposition to Theresa May's Brexit plan mounting, U.K. equity traders are paying up for protection. A gauge tracking volatility expectations for the FTSE 100 Index has jumped to its highest level since July relative to the VStoxx Index of euro-area swings. The prime minister's main fight now is about whether her guarantees to avoid checks at the Irish border after the divorce will bind Britain to European Union rules indefinitely.
To contact the reporter on this story: Cecile Vannucci in Hong Kong at cvannucci1@bloomberg.net
To contact the editors responsible for this story: Divya Balji at dbalji1@bloomberg.net, Nancy Moran
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