Day: 25 June 2016

Well here we are Post Brexit Day Two. Moody’s have downgraded the UK’s credit rating from stable to negative. The only British Commissioner in Brussels has resigned (fired), leaving the City of London exposed. The Scottish Cabinet has approved the opening of discussions with the EU institutions  to determine how Scotland’s EU membership can be protected and in case […]

In the middle of yesterday’s drama Mark Carney appeared on TV to announce the availability of £250 billion in emergency funds to support the banks, whose rash bets on Remain had caused overnight financial mayhem.  One of the reasons there was a surprise Brexit win was that to vote for something really stupid on a […]