This morning's Daily Mail (HERE) has a stunning piece of chutzpah. About Mark Carney, governor of the Bank of England, delivering the latest Financial Stability Report, they ask, "how much of his Jeremiah-like mutterings are down to pique that the voters dared to defy his warnings, and how much to reality?". Mr Carney has been widely praised for his handling of the crisis.
Alex Brummmer, so-called City Editor says this about the locking down of about £8Bn of real estate funds:
"Take property. The truth is that, if there is a pause in the growth of the residential and commercial property markets, it will have little at all to do with Brexit".
After months of utterly biased campaigning for Brexit, dismissing all of the warnings of disaster issued by almost every serious commentator and through their coverage, persuading millions of voters to leave the EU, The Daily Mail are now claiming that the problems in the property market has little to do with Brexit.
They say it has been due to, "Mr Osborne’s swingeing stamp duty increases, buy-to-let taxes, proposed penalties on second homes and last year’s dramatic fall in oil prices, which has hit Arab buyers". If this is true why didn't they see it all coming? I look forward to the day - not too far away - when they will be forced to admit they were wrong on the EU.
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