Taiwanese chipmaker TSMC concerned tariffs will disrupt iPhone supply chain
Each time the Bank of England seems about to succumb to a burst of hopefulness, officials seize on some reason not to raise rates after all
Bank of England governor Mark Carney has already faced accusations of behaving like the Grand old Duke of York and he will probably do so again should Britain’s central bank opt to keep interest rates on hold.
Since he joined the Bank in 2013, he has marched borrowers and savers up the hill with heavy hints about the imminent prospect of a rate rise, only to march them back down again. Last November’s restoration of 2016’s emergency rate cut hardly qualified as a major move, whatever the Bank said about its significance.
Those who say questioning the referendum would cause disruption should consider the chaos caused to everyday life by a cliff-edge departure
Five of the managers of the top six teams in the Premier League as I write are continental Europeans. I don’t know about the managers of Chelsea, Manchester City, Manchester United or Arsenal, but Jürgen Klopp, hero of Liverpool, has said loud and clear that he cannot understand why this country should be heading for the Brexit cliff.
For the terrible prospect now, as the so called “negotiations” with our European partners proceed nowhere slowly, is that unless someone exercises serious leadership soon, there is quite possibly going to be an almighty political and social crisis.
The geopolitical case for not disrupting Europe at any time – and certainly not at a time like this – is overwhelming