The Washington Post: Branson: Pound could be just a dollar in ‘no-deal’ Brexit

 

Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, comments on recent turbulence for the British currency. “First, the markets are wary about the prospects of a no-deal Brexit; second, there are concerns about Boris Johnson’s incoherent ramblings on economic policy,” he said. “Third, there will be scrutiny of the first Johnson cabinet (and especially who he appoints as chancellor) to see if there is some trace of economic competence amongst the zealous Brexiteers who are likely to get the top jobs.” (subscription)

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