January 18, 2017
Theresa May finally confirmed that the UK will pursue a hard BREXIT and that it will leave the European single market. Following the announcement there was a sense of relief that the UK had taken the plunge and admitted the inevitable, that the UK could not have its ca...
December 15, 2016
The Federal Reserve increased interest rates yesterday for the second time since 2008 while giving forward guidance for rates possibly increasing to 1.50% by the end of 2017. This is despite inflation continuing to to come in under the Fed target of 2%. While the US is...
December 13, 2016
Inflation rose to its highest level in more than two years, climbing by 1.2% compared to a year earlier. Perhaps more importantly with annual rates of producer price inflation rising at the fastest pace in more than four years, many analysts are now estimating the infl...
December 9, 2016
In a post earlier this year titled 'London Not Calling' we spoke about the fact that London's "future as a financial centre is increasingly in jeopardy" due to the potential loss of 'Passporting' once the UK invokes article 50. Passporting is the ability under EU rules...
December 8, 2016
According to Italy's Europe minister Britain's vote to leave the European Union has started the bloc’s “disintegration” following the countries vote this weekend to reject a planned constitutional reform. While the referendum itself was not about EU membership the vote...
November 23, 2016
The full economic impact of BREXIT has been laid out in the chancellors autumn statement. In total BREXIT is forecast to cost the UK £122 billion over the next 5 years in slower growth and lower tax receipts. Naturally one would assume that in the face of such awful ne...
November 21, 2016
While BREXIT may indeed mean BREXIT there are two commonly described forms that BREXIT may take; hard or soft. For the UK government and much of the press BREIXT is seen as a non-zero-sum game and there is much exasperation with regard to the Europeans failing to appre...
November 11, 2016
Over human history a habit of mass destruction, generally self imposed to some extent or another, is displayed at regular intervals. We have had World Wars, Soviet Famines, The collapse of the Roman Empire, Black Death, the Spanish Inquisition, Thirty Years War, War of...
November 8, 2016
Following the High Court ruling against the government that it had the right to bypass Parliament when triggering Britain’s exit from the European Union we have seen a large segment of the press come out vociferously against the judiciary. The charge being that it was...
November 3, 2016
The early nineteenth century is generally considered to be the apogee in power and reach of the British Empire. Many think that BREXIT is a result of post colonial melancholia, a sort of symbolic pick me up. Given the economic impact of BREXIT you could say that it is...
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