The Cutoff Point

Mere months after the referendum, it appears that our lords and masters are beginning to suspect, however vaguely, that the process of disengaging from our biggest market might require some sort of planning. Accordingly, the governor of the Bank of England has dispatched a note to all the realm's corporate gamblers and thieves, warning them that the Government may be plotting to take over the banking sector's ancient privilege of tanking the economy and demanding that they consider what to do in the event of the proles lacking sufficient ready cash to bail them out again. The deadline for handing in their homework is Bastille Day, which shows that a certain cosmopolitan humour has not yet been purged from the head of the Bank of England.