At first sight it’s incomprehensible. Why risk everything for a no-deal Brexit? Breaking up their own party, losing their parliamentary majority, dismantling the UK, trashing the economy, triggering shortages of food and medicine: how could any objective, for the Conservative and Unionist party, be worth this? What good does it do them?
Yes, some people will benefit. To judge by recent donations to the Conservative party, some very rich people approve of Boris Johnson’s policies. A no-deal Brexit might favour hedge funds that thrive on uncertainty, financiers seeking to short the pound, vulture capitalists hoping to mop up cheap property if markets collapse. But the winners are likely to be greatly outnumbered by the losers, among whom are many powerful commercial interests.
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