Shropshire Star

Letter: Brexit boost after stock market crash

There is no doubt that the stock market 'crashed' on June 23 when we, the electorate, sent a clear message to the government to get us out of the EU.

Published

The crash was minor, compared to the 'shock waves' elsewhere in the EU, and our recovery swift.

So why are we not being told by the media that our FTSE 100 is already back well above pre-referendum levels (up by 3.8 per cent) and we have the only major stock market in Europe to be showing huge growth?

Already the financial benefits of Brexit to the UK are shining through.

On October 20, 2014, David Cameron said: "The British people are my only boss" and there can be no doubt that your bosses sent you a simple message in writing on June 23; "Get us out of the EU now". "Now" does not mean "Next year".

There can be no clearer message than these stock market reactions that leaving the EU is a force for good so far as our country is concerned and we should accept no more delays over implementing Article 50. Not least because we are still paying £362m per week (Office of National Statistics figures) to a club we have decided to leave.

My guess is that 'Dave' is hoping the delays will cause the time limit for withdrawal (March 31, 2017) to pass before he, or his successor, has to take action. After that date leaving will be subject to a 'majority decision' by other members and unlikely to happen.

Denis Allen, Wellington

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