Bank of England warns Brexit could do serious harm to UK economy | Business | The Guardian

The Bank of England in Threadneedle Street, Lo...

The Bank of England in Threadneedle Street, London. Deutsch: Sitz der Bank von England in der Londoner Threadneedle Street. (Photo credit: Wikipedia)

The Guardian reports that interest rates are kept at 0.5% as latest MPC minutes reveal significant concerns about effect on the economy of leaving the EU.

Source: Bank of England warns Brexit could do serious harm to UK economy | Business | The Guardian

For me, the intellectual case, in terms of economics, politics and risk minimizing, is overwhelming in terms of staying in the EU. The Brexit argument is lightweight, lacking in hard numbers and risk assessment – in short it’s fluffy and just based on political dogma.

Let’s kick the Brexit campaign into touch before people get seriously hurt by the economic implosion.

Thoughts?

 

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