Monday, October 24, 2022

Honesty From Barnier. Thanks For That! (Odds of this being reported on the BBC?)

EU stalwart Barnier shuts down Remoaners and says UK economic turmoil not down to Brexit.

The Bank of England was forced into emergency bond-buying to stem a sharp sell-off in Britain's £2.1trillion Government bond market that threatened to wreak havoc in the pension industry and increase recession risks.

Remainers have been blaming Brexit for the economic turmoil being suffered by the UK now risking a deep recession. Concerns over a deepening political crisis in the UK and rising interest rates globally kept London's main stock indexes under pressure on Thursday, with shares of homebuilders edging toward a multi-year low hit recently.

EU stalwart Barnier shuts down Remoaners and says UK economic turmoil not down to Brexit

The Bank of England was forced into emergency bond-buying to stem a sharp sell-off in Britain's £2.1trillion Government bond market that threatened to wreak havoc in the pension industry and increase recession risks.

11:35, Thu, Oct 20, 2022  | UPDATED: 11:38, Thu, Oct 20, 2022



Remainers have been blaming Brexit for the 

economic turmoil being suffered by the UK now 

risking a deep recession. Concerns over a deepening 

political crisis in the UK and rising interest rates globally 

kept London's main stock indexes under pressure on 

Thursday, with shares of homebuilders edging toward a 

multi-year low hit recently.

Prime Minister Liz Truss struggled to retain a grip on power on Thursday, a day after a second top minister quit and rowing and jostling broke out among her MPs in Parliament in a dramatic breakdown of unity and discipline.
Ms Truss was forced to abandon almost all of her policy programme earlier this week after it caused a bond market rout, and a collapse of her approval ratings and those of her Conservative Party.
Despite his staunch anti-Brexit stance, former EU Brexit negotiator Michel Barnier dismissed Remainers' claims Brexit is all that is to blame for the current economic and political struggle facing the UK.
He said: "Nobody should be happy about the political and economic difficulties of the United Kingdom. We have so many reasons to regain stability and cooperate.
"All these difficulties are not related to Brexit. I just think Brexit makes everything harder." Express.

Look What The Green-Leaning Politicos Have Done To Our Country!

  Annabel Denham . Ed Miliband is hammering the final  nail in Britain’s coffin – then boasting  about it. The country that birthed the indu...