In for a rough ride.11 Dec 2020 10:45
Well done BORIS. hopefully if there is no deal he will resign. After all he promised a deal.
LONDON, Dec 11 (Reuters) – Morgan Stanley said on Friday that it expects the FTSE 250 index to drop 6% to 10% if Britain fails to agree a trade deal with the European Union before the end of a transition period.
Prime Minister Boris Johnson said on Thursday, as European Union leaders were meeting in Brussels, that there was "a strong possibility" Britain and the EU would fail to secure an agreement. ...
The U.S. investment bank sees shares of UK banks falling 10% to 20% in a 'no deal' scenario, given there is a higher chance the Bank of England would cut interest rates into negative territory.