What would happen to interest rates after a no-deal Brexit?
The Bank of England has less room for manoeuvre today than it did after the referendum
IMAGINE THAT you are driving a car during a torrential downpour. You hit a puddle and start to aquaplane. Some drivers would instinctively slam on the brakes. But some petrolheads claim that the best course of action is to accelerate out of trouble. Make the wrong decision and your car could end up skidding off the road.
This article appeared in the Britain section of the print edition under the headline “The no-deal dilemma”
Britain September 14th 2019
- Europe ponders how to avoid blame for no-deal
- John Bercow is ousted—but the government will not choose his successor
- What lies behind the strike that has grounded British Airways
- Britain signals an about-turn on immigration
- How pacts and tactical voting could sway the coming British election
- Cabinet churn is disrupting Britain’s government
- What would happen to interest rates after a no-deal Brexit?
- When two tribes go to lunch
From the September 14th 2019 edition
Discover stories from this section and more in the list of contents
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Britain’s family courts are opening up to reporters
Transparency and privacy can work together
Has the Royal Navy become too timid?
A new paper examines how its culture has changed
A plan to reorganise local government in England runs into opposition
Turkeys vote against Christmas
David Lammy’s plan to shake up Britain’s Foreign Office
Diplomats will be tasked with growing the economy and cutting migration
Britain’s government has spooked markets and riled businesses
Tax rises were inevitable. Such a shaky start was not
Labour’s credibility trap
Who can believe Rachel Reeves?