ECON: I always thought William Keegan was sensible reporter and have to agree with his view that May’s new government is unshowy and serious for a good reason: there are sobering times, and sobering budgets, ahead!! “The more one reflects on the referendum, the more obvious it becomes that this is one of the most insane episodes in British public life since 1945. The implications for the future of the UK, the EU and the east-west geopolitical balance are ominous. Something, surely, has to give.”

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