Category: Policy

As expected, the last two weeks following the UK’s EU referendum have been marked by significant political and economic volatility. Both major English political parties are in a state of upheaval: within Labour, Jeremy Corbyn dramatically lost a vote of confidence, yet refuses to resign (it recently appeared that he would retain popular support in…

My colleague Alan Renwick has a nice post covering the legal logistics surrounding Brexit. What about the economic implications? The domestic economic implications of Brexit began to play out while votes were still being tallied, as the British pound dropped rapidly in a depreciation reminiscent of Black Friday, eventually settling at a level not seen…