No-deal Brexit: Short Positions against the Pound Debate

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Department: HM Treasury

No-deal Brexit: Short Positions against the Pound

Sammy Wilson Excerpts
Monday 30th September 2019

(4 years, 6 months ago)

Commons Chamber
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Simon Clarke Portrait Mr Clarke
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I thank my hon. Friend for those kind remarks. It is clear that that would be the ultimate vote of no confidence in the British economy.

Sammy Wilson Portrait Sammy Wilson (East Antrim) (DUP)
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Does the Minister not find it ironic that the shadow Chancellor should be concerned about the future value of the pound and the impact on speculation, given that he and his party have spread economic gloom and doom, have talked the economy down, and have proposed lunatic economic policies if ever he should get his hands on the levers of power in this country? Does the Minister agree that the real honeypot for speculators is not our leaving the EU but the prospect of a Labour Government?