“Bank prepares for deep recession”

Aug 6, 2018 | Economy

The Governor of the Bank of England: ‘The effects of a ‘no deal’ Brexit will be similar to those of the banking crisis, a deep recession and a sharp drop in house prices’. He’s one of those experts, of course, of whom we’ve all had enough in this country. Therefore, in the interests of balance, Jacob Rees-Mogg: ‘It will mean the UK is completely free of EU red tape and regulations and can strike trade deals around the world”. So there we are.

Read more here

ukpound 1 1
“Donald Trump is winning. Business, beware”

“Donald Trump is winning. Business, beware”

There’s a perception that whatever might be the consequences for the rest of the world, Trump as President should be good for business. Surely, as a business man himself, he’d be the friend of Corporate America, and everything, money-making-wise, went pretty well last time around didn’t it?