Remain and the Treasury like to attribute all market moves to hopes and fears of Brexit. They should be thrilled to be proved wrong on government interest rates. They said they would go up if Brexit seemed likely. Instead, as pro Brexit polls have improved since the turn of the year UK government borrowing rates have plunged. The 10 year rate is down from 2 % to 1.2%, a fall of 40 %. Bond prices have surged.
By Steve Parkhurst, Senior Editor, USDR.
Looking at the news and opinion out of London each day.
It is inevitable that the tone of the referendum campaign will change. The cheerful slugfest of accusation and name-calling would seem grotesque after last week’s terrible event. But what will not – must not – be allowed to change is the substance of the argument.
Jo Cox MP murder: House of Commons re-issues security guidance to MPs and tells them to call police if they have security concerns
MPs were tonight told by the House of Commons’ authorities to call the police if they have any concerns about their security in the wake of the murder of Labour MP Jo Cox.
Jo Cox dead: Latest updates after Labour MP dies after being shot and stabbed outside Birstall library
The 41-year-old mother of two has been killed in the attack in Birstall, West Yorkshire, police have confirmed
Far from providing a solution to mistrust of EU institutions, Brexiteers have done their best best to undermine trust in British ones.
Pundits and pollsters are having a nervous breakdown as they try to work out who will clinch victory in the EU referendum, with every rise and fall in the polls just prolonging the agony.
Six weeks ago I was one of the 1.3 million Londoners who voted for Sadiq Khan as mayor. Boy do I regret it now. Because he’s just shown what he really thinks of us inhabitants of the capital: that we’re so mentally fragile, so pathetic, so vulnerable to the wicked charms of advertisers, that he must censor allegedly sexist ads on our behalf and protect us from offence. In proposing a blanket ban on bus and Tube ads that make people feel bad about their bodies, Sadiq has revealed his authoritarian, paternalistic contempt for the people who swept him to power.
Nick Timothy: I’ve already voted Leave – but these wretched campaigns show everything that’s wrong with British politics
Whatever the outcome, the Political Rules of Engagement must change if we are to restore trust in our democracy.
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