The former chief economic advisor to Boris Johnson was an influential Brexiteer who helped convince his boss to bat for Leave and still has the ear of the Foreign Secretary.
He is widely listened to in the City and has long argued for more free trade between Britain and emerging markets and the former Commonwealth countries. He considers low-interest rates and weak sterling as positives for the economy, which has a solid backstop in the Bank of England.
He said the sharp sell-off across markets was inevitable, but he is ‘pleased’ with the outcome and remains ‘optimistic’ about the economic outlook, believing the economic benefits will be seen ‘immediately’ as the UK ‘positions itself globally’
Latest TweetsTweets by TwitterDev