UK should leave EU with no deal, says former Bank of England governor


Germany and France are making things as difficult as possible. Perhaps it’s time for Britain to call them.

There will be some dislocation for the UK, and the EU will make it a pain, but life will go on and the United Kingdom will remain master of its destiny.

(From The Guardian)

“MPs have rather somehow lost the plot when we hear of people talking about the consequences of leaving without a deal as national suicide,” he told BBC Radio 4’s Today programme.

He said it was not clear that a no-deal Brexit would trigger job losses across the country and that, with adequate preparation, the long-term economic costs of leaving without a deal would not be very different from staying in the bloc.

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