Saturday February 22, 2020

Hard Brexit doesn’t bode well for Britain

Losing access to the single market, including the free movement of goods, services and capital, will deter investment in the country

16th October, 2016

Recent comments from British prime minister Theresa May and her administration about Brexit and the flash crash in sterling in the middle of the IMF meetings had world leaders and economists focused on the potential path for Brexit in Washington DC last week. We may never know what caused the flash crash – most likely it was prompted by robots and high frequency traders. But I heard a number of policymakers and investors murmuring: “Wouldn’t...

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