Macroscope | A post-Brexit ‘Boris boom’? Stimulus, the pound beating expectations and a possible EU deal may make it happen

Britain is an important enough trading partner for the EU to work out a late deal, much as it once did with Greece

Furthermore, Britain looks like it’s taking the gloves off and getting ready to spend big

Reading Time:3 minutes

Britain’s Prime Minister Boris Johnson speaks on domestic priorities at the Science and Industry Museum in Manchester on Saturday. Photo: Reuters

Published: 10:00pm, 29 Jul 2019Updated: 3:05am, 30 Jul 2019

When the chips are down, and the outlook is bleak and all seems lost, perhaps it’s the moment to consider the alternatives.

Much has been conjectured about Britain’s Brexit blues and the risk of a fatal crash out of Europe on bitter no-deal terms in three months’ time.

But with new UK Prime Minister Boris Johnson now installed and leading the charge out of the European Union, this might be the occasion to ponder the unthinkable.

Could Britain be at the cusp of a “Boris boom” in the next few years?

With the pound close to an all-time low against the US dollar, sterling assets are looking “cheap as chips” on a relative basis. Overseas buyers are already lining up for UK acquisitions at bargain basement prices.

This is no paean to Johnson as Britain is a badly broken, divided nation in dire danger of the union splitting up under new independence pressures resurfacing once again.

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.css-1m2rp1p{color:#34b8b5;}Macroscope | A post-Brexit ‘Boris boom’? Stimulus, the pound beating expectations and a possible EU deal may make it happen

Macroscope | A post-Brexit ‘Boris boom’? Stimulus, the pound beating expectations and a possible EU deal may make it happen