The Bank of England has given the green light to Boris Johnson for his idea of a No Deal Brexit. The Bank of England, which is notoriously anti-Brexit, headed by a remainer, Mark Carney, has now suggested the UK is prepared for a No-Deal and the ongoing trade-war situation taking place.
The bank said: “Even if a protectionist-driven global slowdown were to spill over to the UK at the same time as a worst-case disorderly Brexit, the FPC judges that the core UK banking system would be strong enough to absorb, rather than amplify, the resulting economic shocks,”.
The bank has now given clear indication that the United Kingdom is strong enough to go No-deal and prosper. It comes as a report from top economists say that the UK will be £135bn richer under a No-Deal clean-slate Brexit.
The United Kingdom was meant to leave the European Union in March, sadly, this did not happen. The UK has been booming since the Brexit announcement, sadly, the media is doing all it can to discredit the cause.
It’s not clear yet if the UK will leave the EU, but there has been some light at the end of the tunnel, as Boris Johnson, favourite to become the next Prime Minister, has suggested the UK will leave without any sort of surrender treaty, like the one advocated by Terrible Theresa.