Why the only way could be down for global share prices – and Brexit is just the catalyst June 28, 2016 The Brexit vote creates many uncertainties, exciting or frightening depending on your predilection. One thing which is certain is that the Leave victory was delivered by the less-skilled sections of the electorate. It seems part of a more general stirring up of what we might think of as the dispossessed, those who feel left behind [...]
Seven ways to make sure your business gets through Brexit June 28, 2016 As the Brexit analysis continues, business leaders across the country will be wonder how quickly things will get back to normal. Some may even be wondering if they ever will. Here’s a seven-point guide to help businesses get through Brexit unscathed: Read more: Brexit: Load the fiscal bazookas to put a floor under business confidence 1. [...]
Why the Swiss model is a poor choice for Britain post-Brexit June 28, 2016 The debate over the United Kingdom’s future within the European Union has been gripping for all Europeans, in or outside the EU. No one knows for sure what would happen now Britain has voted to leave, but there is little doubt that the consequences will be felt across the continent. As a lawyer and a former president of [...]
The Norway option is far from just paying into the EU without having a say June 28, 2016 "We would be like Norway. We would pay but have no say.” This was the essence of the argument used by supporters of Remain to deter the British people from voting to leave the European Union, referring to Norway’s membership of the European Economic Area (EEA) through the European Free Trade Association (EFTA). But is [...]
Back of the queue? No, Britain’s Commonwealth friends and allies will welcome Brexit June 28, 2016 The people of the United Kingdom had a big decision to make on 23 June. It was entirely their call. The British people know better than anyone else the costs and benefits of staying or leaving the European Union – and voted accordingly. But those on the Leave side should be forgiven if they have the false impression that [...]
Do not ignore activists during difficult times June 28, 2016 As profits warnings fly and share prices tank in the post referendum world, business leaders will need to work out how to steer their companies through some choppy waters ahead. Boards will have to step up their game in terms of governance and strategy. And help may be at hand from what at first sight seems [...]
What’s behind the rise of anti-establishment politics? From Brexit to Trump and Bernie Sanders, frustration at inequality is rising – and some experts think central bank policies are to blame June 28, 2016 Anti-establishment sentiment is growing, with political leaders seen as “alternative” drawing support across the Western world – from the rise of Bernie Sanders and Donald Trump in the US, to France’s National Front, Germany’s AfD, Italy’s Lega Nord and Syriza in Greece. The surprise triumph of the Brexit movement falls into this camp too. And a [...]
Brexit has turned everything on its head – and now business needs to take charge of the debate June 27, 2016 City firms and the wider business community should be throwing themselves into policy and campaign design in order to persuade open-minded Tory party leadership candidates of the sort of tax and regulatory framework they need to thrive outside the EU. Many businesses will be unhappy with last week’s result, but they now have the opportunity [...]
It’s the beginning of the end – either of Jeremy Corbyn or the Labour Party itself June 27, 2016 Nine months after being elected leader with the biggest mandate in the history of the Labour Party, Jeremy Corbyn stands on the precipice of being ousted from the post. Within hours of the Brexit result on Friday morning, rumours of impending shadow ministerial resignations began to circulate. Extraordinarily, more than two-thirds of the shadow cabinet [...]
Financial services are more important than ever to the UK after Brexit – and we must fight to avoid permanent injury June 27, 2016 The British public has chosen to leave the EU. As a result, we are now more rather than less reliant on the major players in the UK economy, in particular financial services. The industry has been bracing itself for short-term economic and market volatility in reaction to this outcome. It’s going to be testing, but [...]