BREXIT:CHAOS LOOMS ON GLOBAL MARKETS

BREXIT:CHAOS LOOMS ON GLOBAL MARKETS

BY ABDULMUMINI ADEKU[LAGOS,NIGERIA]

STOP PRESS :theBritish Government as at press time insists that they will find a way around Brexit

Except a miracle of some sorts happens at this period of transition between now and March,2019 ,then the entire global financial services market may be thrown into a serious crisis as a result of the inability of the British government to find a lasting solution as far as its exit strategies from the European Union [E.U]is concerned.

The News office Desk of the E.N.M.Paedia Express Multimedia Group of Lagos,Nigeria had hinted severally in the past of the fact that the United Kingdom had no definite exit plans for Brexit but politicians at Westminster and 10 Downing Street  while trying to show some level of optimism at the time branded such talks as misleading.

In a chat with this reporter in Lagos,Nigeria,an impeccable source said that no -body anywhere in the U.k. or even within the European Union is sure of what can happen .

The source speaks:"As it is todayif another referendum holds over Brexit we will almost certainly have the same results as the time is even too short for that anyway"

"Theresa May cannot even get the required majority in the Parliament even from among fellow party members to get anything done or going as far as we know ,so it is a  pathetic situation"

'David Cameron got us into this mess but today he is enjoying himself around the world delivering lectures and making good money from them"

"the legacy he has left us is this problems we are now facing  but even if they remove Theresam May i do not think that they can find a quick solution in the shortest period of time at all"

The source lamented that the implications of what was on ground right now was that the Brexit crisis was going to have  a ripple effect on the entire global financial services market due to the prime role of the metropolitan city of London as the financial services capital of the whole world after New York City.

The source listed such grey areas that were still tearing apart negotiations as the role of the pounds sterling,free trade in europe, Northern Ireland/Republic of Ireland Border Control among other issues.

The Justice Minister of the U.K.: Mr. David Gauke had noted recently that the likelihood of the nation leaving the E.U. was sure to affect the jobs market .

Gauke speaks:"leaving the E.U.is also likely to have an impact on the work force in sectors such as catering ,agriculture,construction with employers being able to fill short term skills gap while developing potential permanent employees for the longer term"

Tension remains in the United Kingdom over Brexit as at press time as investigations by this medium continues.