“We’re getting close to a full-blown banking crisis in Europe,”And:
"September is likely to be a defining month for the euro area’s destiny," wrote Julian Callow, chief European economist at Barclays Capital.But no fear our MP's are on the case:
Strategists at JP Morgan, for their part, have pointed to ‘a growing sense that the crisis is reaching a climax’, saying that the ‘endgame on EMU [European Monetary Union] is approaching fast.'
Another, or possibly the same, unnamed 'senior Tory' source said (£):“It has been really difficult to get MPs to focus on the big issues when all they want to know about is whether they’ll still have a seat. Some of the usual rebels could suddenly find themselves in trouble when they are looking to the party for a new seat or a place in the Lords.”And that's it in a nutshell: no real concern about representation of the people or the disregard of natural geographical County boundaries, just a concern for their own skins.