There’s so much wrong with the recent trade agreement between the US and the UK that it’s difficult to know where to start. First, it’s not a trade deal as it does not reduce tariffs or set the terms for trade between the two countries; instead, it is an agreement about a potential deal. But …
The USA has gone Rogue
It’s official. The US is now a rogue nation. It has started a trade war with the whole world. There is no, repeat no, trade war between countries going on in the world. It is between the US and all the other countries it trades with, including its closest allies since the Second World War. …
UK Spring statement 2025: little room for manoeuvre
Rachel Reeves’s budget statement in response to the Office for Budget Responsibility (OBR) update aligned with what was widely flagged ahead of the event. However, it highlighted just how little room there is for manoeuvre in the government’s fiscal projections and how vulnerable the plans are to unfolding events. Admittedly, huge geopolitical and geoeconomic changes …
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