I think a lot of the problems that afflict the pound and the stock markets are down to uncertainty, Not pers se to Brexit, nor indeed to the stubborn refusal of remainers to accept that they lost the referendum. Its a combination of many things. The initial impact of Brexit would have been factored into the markets 3 years ago, if not before the referendum, then certainly just after it, since the outcome was a bit of a surprise.

Since then the markets have shown volatility and have drifted slowly against sterling because of the fact that we cant make our minds up, and for sure some of the blame for that lies at the feet of the remainers trying to block the decision being enacted, for, it seems, the simple reason that "they know best". Its the uncertainty as to outcome, not the fact of Brexit, that is buggering things up.

This uncertainty stems from many sources - internal brexiteer squabbles over how hard to go, remainer vs brexiteer squabbles about whether we should have voted the way we did, calls for second votes, ineffective political parties too cowardly to make stands - because IN/OUT does not fall along traditional party lines, so if they take a position they will alienate a significant chunk of their following. It all creates a massive melting pot of uncertainty, and financial markets hate uncertainty above all else.

Blame lies everywhere, and it does noone any good trying to fix it entirely on the other person. In my view however the biggest blame lies with Theresa May and her wasted years negotiating a deal that she must have known would be unacceptable to everyone. This WAS the action of a remainer wolf in brexiteer sheep's clothing. Designed I am sure to fail, and thus to make remain more probable as it took the option of a reasonable departure off the table. The wasted years and the opportunity to act sensibly was gone, thus the markets saw more uncertainty and continued to slide.

Now we have Johnson condemned to renegotiate with one, if not both, hands tied behind his back. No bargaining power save the **** you option of no deal. His personality does not lend itself to submissive attempts to buy favours from the EU in an enhanced deal. May has backed the country into a corner and fled the scene. Total chaos, complete pigs ear. The options appear to be no deal brexit or cancel brexit.

Both of which would lead to explosive outcomes. is it any wonder confidence in UK plc is sinking faster than the Titanic?