Nomura “Brexit” Contingency Document in Full

Ambrose Evans Pritchard reports this lunchtime that Nomura have begun contingency planning for a possible British exit from the EU:

“The core point is that the eurozone may have to take drastic steps in integration (fiscal union, etc) to save the euro, making it nigh impossible for a fully sovereign state to remain part of the Project. In other words, it is not so much Britain leaving the EU as the EU leaving the treaty-based club of sovereign states it was supposed to be.”

The document was written by Alastair Newton – “an ex-British diplomat, former head to Tony Blair’s G7 team, and intelligence co-ordinator in the first Gulf War”. For some reason the Telegraph have not published the whole document so here it is:

With the Eurozone set to go tits up again in the autumn, that November by-election could prove very interesting…



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Ken Clarke tells the Ben Fellows trial:

“The idea that I would go strolling off in order to grope a man in an office is highly unlikely.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

TWITTER EMPLOYEES JUMP FROM SINKING SHIP TWITTER EMPLOYEES JUMP FROM SINKING SHIP
Times Trolls Burnham Times Trolls Burnham
CHAMPAGNE SOCIALISTS BACK CORBYN CHAMPAGNE SOCIALISTS BACK CORBYN
SINN FEIN SHOULD “TAKE INSPIRATION” FROM ARMED UPRISING SINN FEIN SHOULD “TAKE INSPIRATION” FROM ARMED UPRISING
ALL CHANGE AT GREEN PARTY HQ ALL CHANGE AT GREEN PARTY HQ
I Can’t Believe He’s Not Tory! I Can’t Believe He’s Not Tory!

UBER DESTROYING RACIST TAXI INDUSTRY UBER DESTROYING RACIST TAXI INDUSTRY
Could Labour Fall Apart Under Corbyn? Could Labour Fall Apart Under Corbyn?
Hilarious Prankster Hilarious Prankster
GREENPEACE LIVID GREENPEACE LIVID
Did Labour Leadership Candidates Smoke Dope? Did Labour Leadership Candidates Smoke Dope?
Another Andy Flip Flop Another Andy Flip Flop
Clegg Whores Himself Out Clegg Whores Himself Out
RETURN OF THE FRACKERS, CUADRILLA TO APPEAL RETURN OF THE FRACKERS, CUADRILLA TO APPEAL
FLASHBACK: TORY WHIP ON SCANDAL INVOLVING “SMALL BOYS” FLASHBACK: TORY WHIP ON SCANDAL INVOLVING “SMALL BOYS”
“Owen Jones is the 1%” “Owen Jones is the 1%”
Jedward Told to “F**k Off” By Indy Staff Jedward Told to “F**k Off” By Indy Staff
CLIMATE LOBBY DRAFT ARNIE CLIMATE LOBBY DRAFT ARNIE
MOD FORCED TO FIGHT RUSSIAN AGGRESSION… WITH TWEETDECK MOD FORCED TO FIGHT RUSSIAN AGGRESSION… WITH TWEETDECK
Mental Marxists: Tories Will Gas the Poor Mental Marxists: Tories Will Gas the Poor
MONEYBAGS BURNHAM TRAILS DESPITE SIX FIGURE FUNDING BONANZA MONEYBAGS BURNHAM TRAILS DESPITE SIX FIGURE FUNDING BONANZA
ROLL CALL OF LABOUR ‘MORONS’ ROLL CALL OF LABOUR ‘MORONS’
YOUGOV: CORBYN 17% AHEAD FIRST PREFS YOUGOV: CORBYN 17% AHEAD FIRST PREFS
BBC In Shocking Ice Revelation BBC In Shocking Ice Revelation
BBC Avoids Questioning Janner BBC Avoids Questioning Janner
TORY MP: SNP DON’T KNOW THEIR RS FROM THEIR ELBOW TORY MP: SNP DON’T KNOW THEIR RS FROM THEIR ELBOW
Flower Market Booms as Online Adulterers Exposed Flower Market Booms as Online Adulterers Exposed
LORD BROWNE’S TWITTER COCK-UP LORD BROWNE’S TWITTER COCK-UP
Telegraph and Mail Fall for Greek F-16 Cash Dash Hoax Telegraph and Mail Fall for Greek F-16 Cash Dash Hoax