bullish

A very British Coup

194 Views17 Oct 2022 07:32
Syndicated
SUMMARY
  • The marvellous British word ‘defenestration’ is seemingly only ever used when a politician is metaphorically thrown out of the proverbial window and as such will doubtless be all over the UK press in the next few days as Chancellor Kwasi Kwarteng loses his job and the administration of Liz Truss hangs by the proverbial thread.
  • Already arch Remainer Jeremy Hunt has been appointed in his place and will doubtless be working assiduously to unpick any policy that might offer the UK any competitive advantage over the EU.
  • To pick up on the title of Chris Mullin’s political thriller, this has been a very British Coup, engineered by the Remain establishment that has, until now, been frustrated by a brief flurry of democracy (the Brexit referendum) and the rules of the Conservative Party that elected first Boris Johnson and now Liz Truss.
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Mark Tinker
Founder
Market Thinker
Multi-AssetCross Asset Strategy
  • A very British Coup
    17 Oct 2022
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