It feels as though the Brexit phony war of the last few months is finally over. The long slide in the value of the pound – now at a 168-year low – is the first sign of the economic implications of the vote to leave the EU. Passionate debate is taking place in parliament, the courts and across the cabinet table over what the government should aim for in its negotiations, and what level of scrutiny the people’s representatives in the House of Commons should have. And with the European Council meeting today, the prime minister will come face to face with…

Source: The Times October 20, 2016 06:11 UTC