THE WEEK THAT WAS - Brexit fallout and recovery
As I very much expected, cooler heads started to bubble to the top after last week's shock 'Brexit' vote by over half of the citizenry of this United Kingdom to reign in excessive control of our country by unelected Europeans - minor details like capping immigration to sustainable levels, letting our judges make court rulings that can't be overruled in Brussels, fish what we want out of our own seas, that sort of thing. Despite the doomsayers, the sun still rose and set, the country continued to make components and cars and the 'summer' continued to be rubbish. Meanwhile, the FTSE recovered what it lost, if not the pound, Obama's threat to put us in the back of a queue for a US trade deal was largely quietly countermanded by officials with more sense and even certain EU voices were heard to utter that access to the single market (which the auto industry wants, of course) might even be possible with concessions on immigration and other matters that led to the majority Brexit vote.
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