EU referendum: Brexit ‘a grave threat’ to UK cities – BBC News

The BBC reports that leaving the EU would be “a grave threat” to local economies, citing the Labour leaders of 10 of the biggest UK cities outside London.

Source: EU referendum: Brexit ‘a grave threat’ to UK cities – BBC News

For me, the Labour leaders are on right on the button. The likely economic meltdown post Brexit is highly probable. Osborne is right to signal an emergency budget and we can expect the Fed and the ECB to need to intervene too.

The Tory right are in dreamland but when traditional tory voters react to the economic hardship, they will be rightly kicked out of UK politics.

Irrespective of the Brexit vote, I cannot see David Cameron surviving. I sense an early election and the brave new world of post Brexit politics.

Thoughts?

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