Moody’s Investors Service has been at it again. Last week it lowered the country’s credit outlook, blaming “political paralysis” that has made it harder to predict policy-making.
The country in focus isn’t SA, though it might as well be. The report was on the UK and focused on its struggle to manage its exit from the EU more than three years after the Brexit referendum of 2016.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
Let’s research: Poor border control & the flooding of a sovereign nation by illegal immigrants and the impact that has on taxpayers.
Brexit is what happens when populism replaces common sense.
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