Solving Brexit conundrum will take some time

In 2002, the notoriously evasive US Secretary of Defence Donald Rumsfeld made his famous observations on “known knowns”, “known unknowns” and “unknown unknowns”.

While far from an issue of war, these descriptions seem pretty apt when assessing the current political and economic position of the UK in the aftermath of its vote to leave the EU.

The decision has been made by the UK electorate, but we are all at a loss to explain what it will mean in reality.