One month on from the end of the Brexit transition period and the dust may have settled on the 11th-hour agreement reached between the EU and UK, but many businesses and individuals are still coming to terms with the reality of what it means for them. Although the agreement was lauded as a success, what …
The impact of negative rates
With negative rates in Europe (the ECB deposit rate is -0.5% though the lending rate is zero), Switzerland and Japan, how low can rates go in the UK? The answer is that they can go lower, which means negative. The Bank of England is currently studying how that would work in practice, with the Governor …
UK 2019 economy to be dominated by Brexit?
Well, that was an exciting year. With article 50 triggered, negotiations on the UK’s withdrawal from the EU dominated politics and consumed government energy. Negotiations were fraught, with frantic toing and froing between the UK and Europe as the deal evolved to its conclusion through 2018. But it also impacted the economy. In particular, uncertainty …
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