An urgent parliamentary question will examine claims Boris Johnson’s supporters are shorting the poundLatest: urgent question being heard nowUrgent question on pound-shorting claimsHammond ‘right’ to question Johnson’s backersOdey: I’m not backing Brexit to make money 2.57pm BST Labour MP Helen Goodman asks about Crispin Odey’s shorting of housebuilders (Berkeley Group) and shopping centres (INTU) (as I wrote yesterday).Won’t this mean he “makes a packet” after a no-deal Brexit, when we can’t build homes and shops will close? 2.53pm BST Former Liberal Democrat leader Vince Cable asks if the government is happy for sterling to fall to any level?Clarke says the government doesn’t set a fixed price for sterling – it’s important to allow currencies to move, and he’s certain that the pound can find the appropriate level under any circumstances. Continue reading…
Via: Government questioned on hedge funds speculating on no-deal Brexit – business live
Categories: English News