Prior to the current wild swings in the currency markets, the price of the UK pound was always pushed up by the intensity of the economic activity in the City o

Prior to the current wild swings in the currency markets, the price of the UK pound was always pushed up by the intensity of the economic activity in the City of London. This screwed the rest of the country over by preventing a proper devaluation of the currency; making industrial exports overly expensive, and generally destroying the competitiveness of UK industry. (Of course, the generally shit state of UK management didn't help much either). The mispriced pound killed jobs and generally contributed to the economic malaise and sense of exclusion which helped to produce the resentment which produced this referendum result. As the situation stands, the plummeting pound is going to help this a bit, but only to the extent to which the electorate have shot the financial sector in the head, and forced it to be exported to the Eurozone. As I see it, a (very very limited) form of Londipendence may be our best bet at preventing the flight of jobs and financial services revenue whilst decoupling the pound from the deleterious effects of an economy overly skewed towards London and overly skewed towards financial services. We'd get a more well-rounded economy, and we'd keep the financial services jobs and expertise in London. Far from radical, I think its' the closest thing that we've currently got to a win-win situation.