Letters: A false show of bravery

Britain has perhaps forgotten that its economy was all but shattered and the country was out on a limb but for the North Sea oil find and the consequent windfall inflow of 'petro pounds'

Image
Business Standard
Last Updated : Dec 14 2017 | 10:32 PM IST
With reference to the editorial ‘Just the beginning' (December 13), it is quite clear that Britain has made a big mistake in deciding to quit the European Union (EU) and now Theresa May is backing up the blunder with a cavalier all-or-nothing approach. Her bravado would perhaps cost her the prime ministership.
 
Britain has perhaps forgotten that its economy was all but shattered and the country was out on a limb but for the North Sea oil find and the consequent windfall inflow of ‘petro pounds’. Britain should’ve actually celebrated its membership to the much stronger EU. Its economy has only gained from the association; there is really nothing that it has contributed to the body. Britain’s only strength now is it’s arguable status as the financial capital of the world, which itself the country may lose after its divorce with the EU is final. Krishna Kalra Gurugram
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201  ·  E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story