Brexit: Mervyn King blasts 'incompetence' of preparations

Former Bank of England governor says it ‘beggars belief’ the government is having to talk about stockpiling medicines and food

The former Bank of England governor Mervyn King has blasted the government over Brexit, saying it has been left without a credible bargaining position. In damning comments to the BBC, Lord King said it “beggars belief” that Britain, one of the world’s leading economies, had found itself in a situation where the country was being told to take a course of action or face catastrophe.

King suggested blame should be shared by the government, parliament as whole and those on Whitehall who were tasked with making key decisions.

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from The Guardian https://ift.tt/2Cgry0q