Simoney KyriakouNov 21 2018

Saying goodbye to Brexit

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Saying goodbye to Brexit
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Brexit deals have now been struck, signed and severely criticised, with senior cabinet members indulging in their own Brexit exit last week over the terms.

It is worrying that, ever since June 2016, Number 10 Downing Street has had to refurbish the historic front with a revolving door, given the amount of coming and going from the policy wonks in Westminster.

At this rate, the only being that remains steadfast in his long service to the UK is Larry the Cat, who has not resigned his position and might be a better fit for, well, any of the cabinet posts. 

That said he probably should not be Brexit secretary, as being a cat, he will not be able to decide whether he is in or out and the uncertainty will continue.

I am assured Financial Adviser will not be replacing me with a cat, although some might consider there would be no discernible difference.

On a serious note, the lack of ‘strong and stable’ leadership is appalling to behold, no matter which way you voted.

Sterling keeps sliding, the stock market is getting jittery, house prices are starting to fall and the economic prognosis for the next 12 months is anything but rosy.

Fund managers have already expressed concern about the stock market. Protection professionals have told Financial Adviser they have already been seeing more interest from clients in taking out unemployment cover alongside their income protection policies, with fears of a recession impacting their sectors and, consequently, their employment.

And then there is the gloom hovering over the housing market, with buy-to-let investors expressing concern that many of their good long-term tenants from the eurozone may decide to leave the UK and head back home post-Brexit.

But talking of leaving, I am now off on maternity leave for 12 months.

I am assured Financial Adviser will not be replacing me with a cat, although some might consider there would be no discernible difference, and my departure has had zero effect on sterling.

I look forward to returning in November next year, when the UK, as I have always known it, may be a very different place. 

Simoney Kyriakou is on maternity leave