Impact: Impact Assessments and Deal

impact: They have got it, in spades, according to The Guardian. The so-called impact assessments for no deal are, quite simply, horrifying. Worried that the government was not making enough preparations for the possibility of no deal being reached in the negotiations with the other 27 members of the EU, the voluble Brexiters within and without the cabinet called for evidence. They were underlined recently by the Bank of England governor, Mark Carney, who rightly drew attention to the messages coming through loud and clear from business, trade unions, the City and, not least, food suppliers, road hauliers, ports and airports. Having pointed out that the possibility of no deal was uncomfortably high he reminded the Brexiters that the pound had indeed crashed after the referendum, by some 17%. British holidaymakers are lucky now if they can receive 1.10 to the pound at the better places. Now, of course, when they have got what they asked for namely, attention to the possibility of a cliff-edge Brexit the Brexiters don't like it and yell project fear . The governor was good on this too. (news.financializer.com). As reported in the news.

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