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ROME — Ryanair boss Michael O’Leary described the present financial scenario in Britain as a “automobile crash” which he blamed on the nation’s resolution to depart the European Union.
“The mini finances was a type of spectacular failure of the entire idea of Brexit,” he mentioned throughout a information convention in Rome, including that the very first thing Britain wanted was what he referred to as a wise buying and selling settlement with the EU.
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Britain’s new finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s financial plan and scaled again her huge power help scheme on Monday, making a historic coverage U-turn to attempt to stem a dramatic lack of investor confidence. (Reporting by Alvise Armellini Writing by Keith Weir, modifying by Cristina Carlevaro)