Brexit deal dead and markets couldnft care lessc Boom Bust asks why

Published time: 16 Jan, 2019 14:58

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Brexit deal dead and markets couldnft care lessc Boom Bust asks why

© Reuters / Kai Pfaffenbach

Neither the British national currency, nor the financial markets seem to have reacted to the overwhelming rejection by UK parliament of Prime Minister Theresa Mayfs Brexit plan.

The FTSE 100 index slipped just 0.45 percent on Wednesday, giving up opening gains to dip 0.1 percent at 6,863.89. The pound rose slightly to $1.2869, continuing gains after Mayfs historic Brexit defeat in parliament last night.

RTfs Boom Bust talked to Hilary Fordwich, president of business development consultancy Strelmark. The Bart Chiltonfs guest agrees that the results of the vote shocked nobody.

gThis was not surprising. People know whatfs coming. The price would have been a great surprise if it had actually passed,h Fordwich said.

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