Post-Brexit focus should be economic, not market driven

The result of the Brexit referendum last Friday gave me a mild surprise but I was not totally shocked.

While the bookmakers and the markets believed it would not happen, the opinion polls were suggesting that it would be a close run thing and that is pretty much how it turned out.

I had believed, for some time, that at the end of the day sanity would prevail. It didn’t, but perhaps that shouldn’t have surprised me. Democracy does have a nasty habit of delivering outcomes that stretch the bounds of sanity.