Tag: ‘No deal’

Debunking the myths of Brexit ‘disaster capitalism’

The proliferation of daft conspiracy theories has been one of the more depressing features of the painful process of leaving the EU. You might expect this nonsense from notoriously sloppy journalists, ‘fake news’ websites, or desperate politicians. But even some otherwise fairly sensible people have claimed that government policy is being driven by a cabal … Continue reading Debunking the myths of Brexit ‘disaster capitalism’

Yellowhammer misses the mark

After a lot of hype, the Operation Yellowhammer briefing has failed to substantiate the warnings of 'chaos' if the UK leaves the EU without a formal Withdrawal Agreement. The published report appears to be an honest attempt to identify the potential risks of a no-deal Brexit, in order that the government can prepare for and … Continue reading Yellowhammer misses the mark

No, this still isn’t a ‘sterling crisis’

The recent slide in the pound against both the dollar and euro has prompted talk of ‘meltdown’ and ‘free fall’. Some commentators have already called this a ‘sterling crisis’, and speculated about what Tory politicians would be saying if it were happening under a Labour government. Even the normally sensible Conservative MP, Sam Gyimah, has described … Continue reading No, this still isn’t a ‘sterling crisis’

Why the IMF’s no-deal Brexit warnings are way over the top

The IMF is the latest official body to predict economic catastrophe – or at least a prolonged recession – if the UK leaves the EU without a deal. To be fair, the analysis presented in the IMF’s April World Economic Outlook is a good example of its kind and relatively easy to understand. Nonetheless, the conclusions are … Continue reading Why the IMF’s no-deal Brexit warnings are way over the top