Brexit Bill Threat Continues England’s Ancient History of Debt Defaults

June 17, 2019 - General
The Bank of England, Threadneedle Street, City of London, UK. Credit: KittyKat / Adobe Stock

Boris Johnson’s threat to withhold payment of the UK’s £39 billion Brexit divorce bill until the EU gives Britain better exit terms has been the source of much debate over whether or not it constitutes a sovereign debt default.

Source: origins

Leave a Reply

Your email address will not be published. Required fields are marked *