Dream on

If an eventful week in politics has reminded us of anything it is that certainty is an elusive thing. We may now have more clarity on the government’s Brexit position – and, after we have gone to press, will have more still when the white paper is published on Thursday. But as JPMorgan boss Jamie Dimon put it this week: “We still do not fully understand what Brexit is, its economic effects and how its effects will play out.” He's right: interpretations of what the proposal means vary wildly, and indeed there remains no guarantee that a consistently intransigent EU will be willing to entertain the UK’s position. A messy unravelling remains just as likely at this point as a watered-down Brexit.

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