Brexit has shattered the U.K.'s image as a place for investment, the former chairman of one of the country's biggest banks said Monday.
Only 18 days before the U.K.'s scheduled departure from the EU on March 29, the prime minister is trying, and so far failing, to get concessions from EU leaders on the exit deal before it goes to a vote on Tuesday. This will be the second vote on the deal, after it suffered a punishing defeat in January.
Some politicians and business players have said the time is up for May, who's already survived two votes of no confidence from lawmakers in her own party and from the opposition. The former Barclays chair stressed the urgent need for the U.K. to make up its mind on what Brexit will actually look like.
"I think a second vote is almost unavoidable," he said."That vote might come through a general election and/or a second referendum. You can't have a scenario where the government of the day is putting legislation through the Parliament and that legislation fails. If a government can't get its legislation through Parliament, there needs to be a change of characters in the Parliament.
The destabilization of England...did not happen by coincidence. Disinformation campaigns, direct from Putin, have led to the destabilization of the entire Western alliance.
Because we haven't had it yet!
You can always find a former somebody. A good hard Brexit is the only way to have a substantive negotiation. If the UK can find its way to being more conservative they will leave the EU in the dust.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »