October 31, 2016
We really are through the looking glass now. Chancellor Phillip Hammond has been warned by his cabinet colleagues not to endorse the dire economic forecasts of his own treasury department that show the British economy crashing next year because they will cause people t...
October 27, 2016
Data today showed that UK GDP was down by a third, quarter on quarter, which if some commentators are to be believed, is a cause for Joyous celebration. Such has been the cataclysmic talk that the very realisation that the sky has indeed not fallen is prima facie evide...
October 25, 2016
Failed Conservative party leader and famous bald person, William Hague, is one ex politician now columnist worth following. Our suspicion is that Mr Hague's new role is unofficial government mouth piece. We will explain why a little later.
As followers of this blog will...
October 24, 2016
London's future as a financial centre is increasingly in jeopardy as financial firms start developing their respective exit plans. The cause of this is over the potential loss of passporting for financial firms. Passporting is the ability under EU rules for any financi...
October 20, 2016
Quote of the day comes curtesy of Monsieur Hollande, "I have said it very clearly; Madame Theresa May wants a hard BREXIT, then talks will be hard too."
As European leaders meet for a EU Summit the welcome for Theresa May was decidedly chilly with any notion that prelim...
October 18, 2016
Are traders betting against sterling in danger of a positive surprise? The endless cycle of negative news surrounding BREIXT may create a self reinforcing feedback loop where every news story, every statement from the Government further convinces us that we are doomed...
October 17, 2016
The reality today is that the pound is now the de facto official opposition to the government.
Much of the focus this week is going to be the legal challenge being mounted in the High Court arguing that the government must defer to parliament on the matter of the UK lea...
October 14, 2016
Boris Johnson's proclamation that we in the UK can "have our cake and eat it" has been challenged by the EU Council President, Donal Tusk. Tusk criticised “the proponents of the cake philosophy” continuing “That was pure illusion, that one can have the EU cake and eat...
October 13, 2016
Following a 15% fall in the price of sterling Tesco and Unilever (makers of Marmite) are at loggerheads over who should suffer the impact.
People say that you either love or hate Marmite but as a taste of things to come we we are concerned that the Great British public...
October 11, 2016
Brexiters might point to the FTSE’s record rise as a sign of strength post the vote for BREXIT. Yet this is very much a story of sterling weakness boosting foreign earnings – which account for around two-thirds of the FTSE 100 revenues.
At the same time...
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