iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,445 Blog Posts

British Pound Soars After Theresa May Softens Her Stance on BREXIT…Again

In what can only be described as a pattern, Theresa May softened her stance on BREXIT today, in her strongest rhetoric to date — clearly shilling for the British business lobby who’d rather be caught dead in a gay brothel than have to endure the pangs of BREXIT.

Asked about business calls for a transitional deal, she said: “We want to get the arrangement that is going to work best for the UK and the arrangement that is going to work best for business in the UK.”

“I am conscious that there will be issues that need to be looked at … that people don’t want a cliff edge, they want to know with some certainty how things are going to go forward, that will be part of the work that we do in terms of the negotiation.”

Her spokeswoman later said: “There are a whole range of issues that are being worked through as we prepare for the negotiations, with a focus of looking at how we get the best deal for the UK.”

As such, the pound is ripping to the upside, now higher by a little more than 1.2%.

img_5676

BREXIT means BREXIT, until it doesn’t.

If you enjoy the content at iBankCoin, please follow us on Twitter

4 comments

  1. evilspeculator

    So it’s MAYBEBREXIT now.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
    • michael

      It always has been. Look at the history of the EU. If the elites don;t like how the people vote, they always find a way to have a ‘do over’ until the elites get their desired outcome.

      2 to 1 Brexit never happens.

      • 0
      • 0
      • 0 Deem this to be "Fake News"
  2. ironbird

    Europeans are broken human beings totally brainwashed into submission. That little island as well. How the fuck Brexit passed is a total mystery. It will take a revolution of actual pitchforks. Again. Maybe it happens.

    • 0
    • 0
    • 0 Deem this to be "Fake News"