It's all a pantomime don't forget. This will continue to be a merry-go-round of exits, firings and resignations.

Each new successor shall introduce even worse measures to take the U.K. closer to a crisis. The markets dislike inconsistency and that is precisely what they are getting by buying Sterling or U.K. debt.

The ongoing witch hunt (pun not intended) is a distraction, it seems to me they want to get it over with and cause maximum distaste in time for winter.