To Brexiteers, Carney is yet another nay-saying Remoaner. Yet I’m afraid he’s right. If our £ is not an alternative to the Euro and we’re no longer Europe’s financial centre, why would you hold £s rather than $s or €s, Swedish Krona or even Rupees. If you changed money while on hols in the Eurozone this summer, you’ll know that in the real world, on the streets of Marbs, a £ is worth less than a €. Which means Paris will soon be rivalling Dubai in my ‘Price of a Glass or Rosé’ test.
“A ‘no-deal’ Brexit will be devastating”
I quoted Overheard Bloke in the Gym Changing Room not long after the referendum: ‘We should say ‘You’ve had your last cheque, Merkel’, close the borders, job done!’ If we’d followed his sage advice rather than fannying around for four years, we’d have been through the...
