Brexit: Relax everyone

“Withdrawal from the EU is likely to result in an initial economic cost but Britain can prosper if it takes a liberal approach to trade, immigration and regulation.”

The above was said by a really smart man, Rodney Leach, in April this year. He died about two weeks ago.

He was an old-fashioned merchant banker who made his reputation at Rothschilds.

He was also an executive director at Matheson’s Lombard Street office for the rest of his life — along the way devising the cross-ownership share structure that maintains control by the Keswick family. He was also central to transferring the domicile of group companies from Hong Kong to Bermuda before China took back control of its southern territory.

Quote from FT.