The U.K. is facing a grim future after Brexit because of the failure of its politicians to govern responsibly, the former chairman of insurance market Lloyd’s of London wrote in a letter to the Financial Times. “Never in over 50 years of working life have I seen the U.K. facing such an abject future,” said John Nelson, who said the situation was“caused by the complete failure of our political establishment to govern, to communicate clearly with the public and most importantly to be honest with the electorate.”He said that leaving the EU, even on the basis of the position recently agreed by the U.K. government, would ... (full story)