Wednesday, October 12, 2016

Mervyn King on Brexit

Mervyn King, the governor of the Bank of England prior to Mark Carney, is reported as saying in an interview with Sky News:

During the referendum campaign, someone said the real danger of Brexit is you'll end up with higher interest rates, lower house prices and a lower exchange rate, and I thought: dream on.

Because that's what we've been trying to achieve for the past three years and now we have a chance of getting it.

Friday, October 7, 2016

Juncker Wants A Bitter Brexit Divorce

Financial Times reports today:

Juncker tells EU leaders to be ‘intransigent’ with Britain and to refrain from secret negotiations with the UK