High standards of governance helped the City establish itself as a global centre for finance. We should seek to make of the digital pound another trusted institution.
In a nutshell, the issue is that tightening monetary and fiscal policy at the same time could force the economy to a stuttering halt.
“I don’t think a new Farage Party will be where the votes go.” Plus, Rees-Mogg’s view on Corbyn and May’s letters, and Tusk’s “confused” theology.
The tap, tap, tap of wafer-thin government majorities, unravelling agreements, and shifting poll numbers will make their way into its calculations.
Plus: May in trouble and Rudd in danger over Windrush. Corbyn stumbles. The pound rises. Local elections loom. And: the dignity of Neville Lawrence.
Subsidies, tariffs or lowering standards are not the answer. There is a conservative solution.
They can wring their hands one day and ring the bells the next – or vice-versa. After all, they rejoiced when sterling joined the ERM. We know how that one ended.
The Prime Minister’s priorities entail a hard Brexit, and are more important to her than economic stability.
Britain and Ireland have gradually built a better relationship. There’s no reason why it should be bust by Brexit.
Two sudden shifts in the value of sterling suggest that traders are relying on fundamentally flawed political advice.
It has been where there is an air of panic and chaos, with a government forced to bow its knee to the markets, that there is real political damage.
Overall, my advice is not to seek to reduce interest rates yet further which could have contrarian effects.
Brow-beating didn’t work before the vote and it certainly won’t work now. All sides should be prepared to compromise.
The answers themselves raise more questions that only a subject matter specialist who understands the physical complexities of deep sea cabling can properly comprehend.
What works for Panama with the dollar could work after independence with the pound.