Brexit : the Unexpected

Brexit vote and Unexpected Consequence.

1. Sterling falls more than 3% to new 31 year-low against dollar.

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2. Continued uncertainty and more quantitative easing from the Bank of England could see the pound fall as low as $1.20, it said. 

1. Shares in News York followed European markets and opened down on Monday.
   The Dow Jones is down 1.10% at 17,209.14.
   The Nasdaq is down 1.13% at 4,654.92.
   And the S&P 500 has dropped 1.07% at 2,015.68.

2. Ireland has seen a spike in interest from British nationals seeking to gain an Irish passport and remain a citizen of the European Union after Britain voted to leave the bloc, the Irish foreign office said on Monday. 

Scotland faces 'difficult economic problems'

economic problems that Scotland is going to run into are going to be very difficult.

Gold price jump

Posted at

The price of gold has risen as investors pile in to what are seen as safer assets.
It rose more than 1% to about $1,335.30, however it is still below the two-year peak

fine the original herhttp://www.bbc.co.uk/news/uk

 

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The Labour Party

The collapse of The Labour Party

jeremy corbyn

The Labour Party  lost 12 of his shadow cabinet on Sunday and four shadow ministers on Monday. with most criticising his performance in the EU referendum.

Mr Corbyn said he regretted the resignations but pledged to stand in any new leadership election.

Labour MPs are due to discuss a no confidence motion against Mr Corbyn.

• The new line-up includes:
• Shadow foreign secretary - Emily Thornberry
• Shadow health secretary - Diane Abbott
• Shadow education secretary - Pat Glass
• Shadow transport secretary - Andy McDonald
• Shadow defence secretary - Clive Lewis
• Shadow chief secretary to the Treasury - Rebecca Long-Bailey
• Shadow international development secretary - Kate Osamor
• Shadow environment food and rural affairs secretary - Rachel Maskell
• Shadow voter engagement and youth affairs - Cat Smith
• Shadow Northern Ireland secretary - Dave Anderson 

Mr Corbyn has warned: "Those who want to change Labour's leadership will have to stand in a democratic election, in which I will be a candidate."

He also said he had been elected as leader with "an overwhelming mandate for a different kind of politics".

"I am not going to betray the trust of those who voted for me - or the millions of supporters across the country who need Labour to represent them

fine the original herhttp://www.bbc.co.uk/news/uk-36632956