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Assume that some sort of deal was made, for the American colonies to gain representation, giving birth to something like the 'United Kingdom of Great Britain and North America' (and maybe Ireland, I guess? A big change like that ought to include them), especially since at the time the British Isles would still be able to dominate the (former) Colonies in Parliament.

What would the rest of the British Empire look like in terms of colonies? Would they still move into Africa? Would their hand in India remain a more soft one? Or is it possible that with an 'Atlantic Empire' on their hands, they might be more of a 'Russia of the West', and mostly focus on developing their North American territories? Especially since its unlikely the rest of Europe would allow the British to get too powerful.
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