Friday, 9 September 2016

LONDON TO BECOME A POWERHOUSE AFTER BREXIT - REALLY?

The Telegraph is carrying a story here about a report by Price Waterhouse Coopers with the headline suggesting that London will become an economic powerhose after Brexit (HERE). Unfortunately, the text doesn't say anything like this - in fact all the research was done before June 23rd and the report actually says:

“We cannot predict what Brexit may mean to the future of London as a pre-eminent world city, we do know it is today one of the world’s most cosmopolitan and well balanced cities, as shown by our research. Any effects Brexit may have on London will take place in a process that will evolve over time and not overnight,” 

Never let the truth spoil a good headline.

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