Group Chief Economist Neil Shearing flew from London to Singapore intending to talk global macro with clients there. Instead, his discussions were dominated by the chaos of the UK's political economy. He calls in (on an occasionally spotty line) from Changi Airport to explain the teachings that an extraordinary week for the UK have for other governments and central banks as interest rates move up from historic lows. Also this episode, Jennifer McKeown, who heads our Global Economics service, discusses our new global forecasts and we have an exclusive extract of our Markets team briefing clients on FX intervention in Asia.