Could the year’s surprise be Parliament’s acceptance of Theresa May’s Brexit deal? Perhaps that is why currency traders are buying the pound.
Currency and stock markets are betting that the UK will avoid crashing out of the European Union with … Read the rest
THE New Year begins with the
British parliament in gridlock over Brexit. With fewer than 90 days until the
UK leaves the European Union on March 29, this impasse is bad both for
democracy and the economy.
The way out … Read the rest
A no-deal Brexit scenario could cause a deep recession, rise in unemployment and further sterling devaluation
In a scenario analysis of the Brexit economic risks, the Bank of England and the UK Treasury said Prime Minister Theresa May’s deal is … Read the rest
Given that the polls are now behind Prime Minister Theresa May and Brexitiers are in disarray, Parliament may eventually vote for an amended deal. Despite that, Brexitiers and the Labour Party could precipitate a no deal crash.
The Organisation For … Read the rest