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Liberal Democrat News

Here’s how Brexit may cripple Britain’s financial sector — and the British economy

On June 23, the British people voted to leave the European Union, a victory for "Brexit." The short-term reaction from markets was panic, as stock values crashed and the pound dropped to levels not seen since 1985. The longer-term consequences for British exit from the E.U. remain unclear - but one clear problem area for Britain is financial services. London is now the financial hub of Europe and a key driver of the British economy. It may lose this crucial role after Brexit.

CM
5 Aug 2016
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Vote Leave Bus pledging £350m a week more for the NHS

If peers apply the brakes to Brexit, we’ll be doing our job

The day after I suggested that the House of Lords may try to delay Britain's exit from the European Union, my inbox filled with angry rants against such an attempt to thwart the will of the people. They decried the idea as an outrage against democracy and raged against "the metropolitan elite", that phrase much bandied around in the anti-EU media. Gradually, however, more reasoned messages of support have been landing, reflecting the despair felt by many in this country, and not just in the metropolis.

PW
7 Aug 2016
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