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Brexit, testing time for UK: Financial Times Associate Editor

Hill said Britain could face isolation if it were to go ahead with the plan.

Bengaluru: Financial Times (London) Associate Editor Andrew Hill has warned that United Kingdom would face an uncertain future after moving out of European Union. He said this while taking part in a talk on ‘Brexit and Leadership in Uncertain Times’ at the Bangalore International Centre on Tuesday.

Hill said Britain could face isolation if it were to go ahead with the plan. “It is like a shark raised and fed and then released by the same leaders, who are now trying to restrain it. It is a self implicated ambiguity. There is a chance that it may make Britain a lonely island.”

He called for the need to make the best out of the situation and said that current Prime Minister Theresa May could be a good candidate to handle the after-effects of Brexit and hopefully the nation would have to deal only with mild shakes.

On October 2, the British Prime Minister had announced that she would invoke Article 50 by the end of March 2017, implying that the UK would be well on its way to leave the European Union by the end of March 2019.

“From what I know she is pragmatic, not high profile but very substantial and voters find that reassuring,” he added, “I hope we can take it in good humour. I think the consequences of Brexit will roll out over the years. We’ll never be able to say that this is done and sort of shut the gate behind us,”

The talk was moderated by Professor S.L. Rao, who was he Director General, National Council of Applied Economic Research and the first chairman of Central Electricity Regulatory Commission.

Hill is the author of the book ‘Leadership in the Headlines’ and was named Best Commentator at the 2009 Business Journalist of the Year Awards. He also received the Decade of Excellence award for sustained achievement in business and financial journalism.

( Source : Deccan Chronicle. )
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