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Evening Standard
Evening Standard
Comment
Jack Kessler

Bank of England steps in to prevent UK financial crisis

On accepting responsibility for the calamitous Bay of Pigs invasion of Cuba in April 1961, John Kennedy noted that “Victory has a thousand fathers, but defeat is an orphan.”

Often it’s even murkier than that. For example, Britain’s exit from the European Union has reduced trade and GDP, but it is not always immediately obvious where and how, not least when the departure coincided with a pandemic.

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