Brexiter MP gives advice to pull money out of UK

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AtW replied

13 November 2017, 14:44
Originally posted by BlasterBates View Post

Whilst Brexit might be bad for the UK economy as a whole it will be good for the investment firm he works for.

"who has a £180,000 second job as chief global strategist for Charles Stanley"

He who pays the piper ...
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BlasterBates replied

13 November 2017, 14:43
Whilst Brexit might be bad for the UK economy as a whole it will be good for the investment firm he works for.
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AtW started a topic Brexiter MP gives advice to pull money out of UK

13 November 2017, 14:39
Brexiter MP gives advice to pull money out of UK

Labour has criticised the arch-Eurosceptic MP John Redwood for “talking down Britain” after he recently wrote a column of financial advice in which he recommended investors “look further afield” because of the state of the UK economy.

In the piece for the Financial Times, the Conservative MP – who has a £180,000 second job as chief global strategist for Charles Stanley – said the European Central Bank was promoting faster growth when the UK was seeing a squeeze on credit.

“Mario Draghi, ECB president, is now doing whatever it takes, not just to rescue the euro but to promote a much-needed economic recovery,” he wrote. He also compared the US and Japan’s approach favourably to the UK’s.

The piece was published on 3 November but came to greater prominence after a scathing comment piece was published over the weekend by a Forbes commentator, Frances Coppola, who wrote that the MP had “advocated a course of action by the UK government that he knows would seriously damage the UK economy”.

Source: https://www.theguardian.com/politics...g-britain-down
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