As new cases of the Coronavirus – COVID-19 – outside of China exceed those inside for the first time, we have to ask ourselves what next? Looking at the reactions of financial markets, governments and people around the world, fear seems to be settling in. The reaction of the financial markets has been growing in …
New year, new governor, new rate regime?
As Mark Carney prepares to make way for new governor Andrew Bailey, he’s voiced the suggestion that UK interest rates could be cut if the economy wobbles in early 2020. His view may be in anticipation, as some have concluded, of an economic shock resulting from the UK’s exit from the UK on 31st January. …
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 …
Continue reading “UK 2019 economy to be dominated by Brexit?”