Today I questioned the Chancellor of the Exchequer on the scandal of speculators shorting the pound in anticipation of a no-deal Brexit. Recent evidence has suggested that several hedge funds and wealthy individuals have increasingly bet against the pound and British businesses, since Boris Johnson became Prime Minister. Many of these funds have made significant donations to the Conservative Party and to the Prime Minister’s leadership campaign. Shockingly, instead of responding to scrutiny with transparency, the Chancellor simply refused outright to answer my question. It is unacceptable for the Government’s wealthy donors to be cashing in whilst small businesses across the country face the economic calamity of no deal.
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