And on a related matter, the EU wishes to kick an economy when it's down, accruing further powers to itself. Brown stands by, perhaps mesmerised by some future role when he can lord over a new Prime Minister without having to face an election. the City will be governed by new regulators with a simple majority so that Britain and pesky Anglo-Saxons can be overruled again and again. If that is the case, then kiss our financial services industry goodbye.
This has the feel of an endgame: a new government entering power will find itself with two options: comply as potemkin politicians or withdraw. .