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No-Deal Brexit: Short Positions Against the Pound

Part of the debate – in the House of Commons on 30th September 2019.

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Photo of Simon Clarke Simon Clarke The Exchequer Secretary

I point to the wise words of the Opposition Deputy Chief Whip in the House of Lords last November, who said that short selling

“is not necessarily the evil practice that the popular press held it to be…It had a role.”—[Official Report, House of Lords, 28 November 2018;
Vol. 794, c. 706.]