brexit

Britain Won’t Quit Europe

Just as the British Isles can hardly drift away from the continent we call Europe, the UK won’t quit the EU so easily, even if Brexit supporters are victorious in Thursday’s referendum. Agreeing to the terms of a switch-off process would prove agonisingly slow and tricky, taking no less than five years to complete the disentanglement from common discipline.




Brexit: A Harder Blow For Europe Than For The UK

I said it a short time ago: the institutional campaign against the UK referendum on June 23rd has been embarrassing. From Her Majesty’s government to that of the EU, the Bank of England (clearly overstepping its line of duty), and including the vailed threats that the world was going to end and Great Britain would fall into a chasm in history.


Post Brexit Negotiations Will Be Both Noisy And Prolonged

Natixis AM | The upcoming UK referendum on EU membership appears to be a knife’s edge contest. Although financial markets have already felt some impact, if the vote produces an “out” result, global markets face additional turbulence this summer.


Airbus to reconsider its investments in the UK

Brexit Debate Warms Up

Multinationals such as Airbus or Aviva Investors are arguing in favour of the ‘In’ vote, warning that a possible Brexit would push the UK into recession before year-end.



Brexit: The Cynical And Dangerous Taste For Referendums

Time is moving on. After the more than satisfactory agreement reached by Prime Minister David Cameron after renegotiating the UK’s relationship with the European Union, the countdown to the June 23rd referendum has begun. And as happened with the Scottish referendum, the British government is ready to bring out all the big guns.


UK Budget: Deja-Vu, All Over Again

The Chancellor’s latest Budget saw the cumulative forecast for government borrowing over the next five years revised up by close to GBP 40bn. This reflects both weaker cyclical growth and also the Office for Budget Responsibility (OBR) taking a gloomier view on UK trend productivity growth.


Brexit Is A Matter Of Psychology

Brexit supporters do not need to make any noise. They have been decades using the EU as a scapegoat for their problems of excessive regulation, arbitrary taxation, lack of transparency… Now it’s Cameron who must prove the opposite.