| Topic: | Re:Re:Re:Re:Re:State of play today | |
| Posted by: | Paul Morris | |
| Date/Time: | 27/06/16 19:31:00 |
| to qupte from S&P: The move will herald a long period of uncertainty, and may lead to a “deterioration of the UK’s economic performance, including its large financial services sector, which is a major contributor to employment and public receipts”. In addition there is a lack of clarity over Britain’s ability to negotiate with the EU on a new trade deal: “…it is not clear if the EU — the destination of 44% of the UK’s exports — will permit the UK access to the EU’s common market on existing (tariff-free) terms, or impose tariffs on UK products,” Never mind, its all project Fear, or was that before the referendum, I am so confused now... |