UK credit rating downgraded. This is capitalism at its very worst. The cause is alleged Brexit uncertainty, but a big factor is predicted increased public sector spending on breaching the pay cap. Net effect is government has to pay more to borrow, as international lenders try to dictate fiscal policy. Imagine what they would do if Corbyn got in?
Macron reiterates EU line that we have to get the current account divorce bill, citizenship and Ireland sorted before post Brexit arrangements considered. Expect Merkel to do the same once her re-election is out of the way. They really have been very consistent about this since day one. Let’s hope we can get on with it now.
Macron reiterates EU line that we have to get the current account divorce bill, citizenship and Ireland sorted before post Brexit arrangements considered. Expect Merkel to do the same once her re-election is out of the way. They really have been very consistent about this since day one. Let’s hope we can get on with it now.