Brexit may be comparable to a divorce in emotional terms (good for one partner or the other, tragic for the kids) but the process is, I’m afraid, rather different. If the UK is the metaphorical wronged wife who has finally broken away after many downtrodden years, the finances would be settled by an impartial judge not apportioning blame, nor allowing bad hubby to exert undue influence. No impartial judge in the Brexit negotiations. If we flounce off, the boots are firmly on the 27 other feet, I’m afraid, Theresa. As I think you well know.
“Cut interest rates to prevent recession, says Institute of Economic Affairs’ SMPC”
The ‘lag’, ‘trailing leg’ or ‘long wake’ of any economic measure means that its effects are often felt long after the problem it was supposed to solve has disappeared. 2010’s ‘balancing the books within the space of one parliament’ (that went well, didn’t it?), austerity to you and me, is one example.
