Monday 2 September 2019

The people who bet against Britain are going to lose their shirts.



“The people who bet against Britain are going to lose their shirts.”Boris Johnson, UK prime minister, 24 July 2019
Which is strange because......
Leading Brexiteer fund manager Crispin Odey has readopted a negative outlook on the pound as the UK comes closer to dropping out of the EU on 29 March without an agreement in place. 
Bloomberg on Monday reported that Odey said he is now shorting sterling on the expectation the currency will slide in a no deal Brexit scenario.
https://citywire.co.uk/wealth-manager/news/odey-bets-against-pound-again-as-no-deal-brexit-looms/a1202211
Boris Johnson’s pro-Brexit backer Crispin Odey has made a £300m bet against British businesses and stands to make huge profits from the woes of the UK economy. 
The firm owned by the multimillionaire hedge fund tycoon, who made millions betting against the pound after the 2016 referendum, has taken out £299m in “short” positions on some of Britain’s biggest firms.
Thetimes: Boris Johnson’s donor Crispin Odey eyes Brexit jackpot with £300m bet against British firms

Brexiteer Jacob Rees-Mogg is estimated to have earnt £7m from investments since the referendum
https://www.channel4.com/press/news/brexiteer-jacob-rees-mogg-estimated-have-earnt-ps7m-investments-referendum-according




LINKS
https://www.channel4.com/press/news/brexiteer-jacob-rees-mogg-estimated-have-earnt-ps7m-investments-referendum-according
https://www.fnlondon.com/articles/crispin-odey-rubbishes-channel-4s-brexit-millionaires-investigation-20190320

No comments:

Post a Comment