Blog: Banks are on guard for a no‑deal Brexit. That’s not necessarily good for the City – The Times

While the Department for Transport builds a giant car park with room for 1,700 lorries in Kent, the mood in the City and Canary Wharf is calm.

With January 1 hurtling towards us through the coronavirus fog and a no-deal Brexit looking as likely as any other outcome — with Boris Johnson telling Michel Barnier, the EU’s chief negotiator, not to bother coming to London this week unless he is prepared to respect Britain as an “independent country” — fears are rising for supply chains servicing everything from supermarkets to car factories. As John Collingridge and Jill Treanor write this week, the prospect of lorries backed up on the road to Dover is a worrying one at a time when local lockdowns are battering

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s