Eddie Hobbs: After the shock — when money talks

It would appear that a disenchantment with the failings of a recently established global economy was one of the reasons for a Brexit vote in the UK, but Britain will need access to the Single Market and the European Commission will negotiate to keep to keep Britain in, says Eddie Hobbs.

The shock is passing and, with it, thankfully, much of the darker analysis from a commentariat miffed that the mob didn’t or couldn’t listen to the elegance of their argument. The British electorate has spoken, albeit by a small margin. It wants a divorce, the terms of which are for another day.

The unexplored question is what’s really driving the disenchantment? The narrow view is that the British simply want to escape rule from the imperial capital in Brussels. This is the neat Little Englander explanation favoured by critics that masks their own prejudices, but what if it’s part of a wider disenchantment? Look north of the border and Scotland simmers with resentment at being ruled by an elite in Westminster.