Don't rush Brexit fences too early
THE favourite saying of François Mitterrand, French President in 1981-95, was Laissez le temp au temps - "Give time a chance". That might be the watchword for Theresa May, Britain's Prime Minister, when she returns from holidaying in the Swiss Alps and tries to work out the next moves on the three-dimensional Brexit chessboard.
She might copy Harold Macmillan, a former Prime Minister, who put up a notice in Downing Street with a quote from The Gondoliers by Gilbert and Sullivan: "Quiet, calm deliberation disentangles every knot".
The decision of the June 23 plebiscite is clear, but the terms on which Brexit will happen are not. Much disentangling is required.
So far the smartest suggestion has come from Sadiq Khan, London's Mayor. He has urged Mrs May to wait until the UK knows with whom it will be negotiating - which will n…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
Why a stronger dollar is dangerous
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
Far from thawing, the US-China economic war could see a new front opening up