Of course King of Europe, ECB CEO Draghi hates Brexit – he is very much fan of globalization and an ever expanding influence of “his” currency (of course) “The president of the European Central Bank has been told by the EU’s watchdog he should drop his membership of a secretive club of corporate bankers” (src: theguardian.com) and the “Group of 30” is indeed a strange club in Washington, headed by JP Morgan and Chase (Rockefeller) Bank.)
Nobody does know what it will mean.
Bloomberg: “we expect to see bell tightening”
There are no hard numbers that show that Brexit would be a horrible thing to the UK economy.
Basically the UK government is – again – afraid how “the market” (“investors”) will react.
On 2019-03-30 UK will Brexit EU
“Another executive for a food exporter at the event worried that tariffs could wipe out profit margins and destroy its business in the U.K., where the company ships over 600 tons of cheese annually.”
“Aside from initial headaches, Brexit opens up broader strategic risks for small manufacturers like Dr. Kaiser, which employs about 300 people. The company’s tools can grind materials down to one thousandth of a millimeter and the equipment is difficult to replace. But Brexit could prod British customers to look harder at alternatives, said sales manager Kiehne.” (src: bloomberg.com)