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Category: Economy

Flash UK PMI signals stalled economy and steep job cuts amid further loss of confidence | S&P Global

26 January 2025 BrexitCarnage Leave a comment

​  The flash PMI data for December indicate that the UK economy remained largely stalled at the start of 2025. Read More 

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Posted in: Economy, Europe Filed under: brexit, confidence, economy, eu, pmi, uk

UK to soften tax rules for wealthy foreigners after millionaire exodus, Reeves says | CNBC

25 January 2025 BrexitCarnage Leave a comment

​  The U.K. is to soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus,…

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Posted in: Economy, Europe, UK Filed under: brexit, eu, millionaires, tax, uk

UK borrowing jumps in December as debt interest climbs | Reuters

BrexitCarnage Leave a comment

​  Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes, … Read…

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Posted in: Economy, Europe, UK Filed under: borrowing, brexit, debt, eu, uk

What is pan-Europe customs area that EU is open to UK joining? | The Guardian

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​  Trade chief has said membership of Pan-Euro-Mediterranean convention could be part of ‘reset’ discussions. Read More 

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Posted in: Economy, Europe, Trade, UK Filed under: brexit, eu, pem, uk

Blow to Reeves after surprise UK borrowing jump | BBC

22 January 2025 BrexitCarnage

​  Borrowing – the difference between spending and tax revenue – was £17.8bn last month, putting more pressure on the chancellor. Read…

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Posted in: Economy, Europe, UK Filed under: brexit, eu, Reeves, uk

Bridgewater founder warns of UK ‘debt death spiral’ | Financial Times

21 January 2025 BrexitCarnage Leave a comment

​  Sell-off in gilts since Budget suggests market balking at higher borrowing needs, says billionaire investor. Read More 

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Posted in: Economy, Europe, UK Filed under: brexit, debt, eu, uk

Is penny finally dropping on post-Brexit economy? | The Guardian

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​  Letters: Ed Gillam and Peter Goodair respond to Kemi Badenoch’s admission that the Tories didn’t have a plan for the…

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Posted in: Economy, Europe, Opinion, Politics, UK Filed under: brexit, economy, eu, uk

First Brexit, now Trump and Musk: ignorance is back with a vengeance | The Observer

19 January 2025 BrexitCarnage Leave a comment

​  The aggression from the Tesla billionaire is new; but Britain has years of experience in the consequences of falling for…

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Posted in: Economy, Europe, Opinion, Politics Filed under: brexit, eu, keegan, uk

UK watchdog warns watering down swathes of regulation will cause more failures | FT

18 January 2025 BrexitCarnage Leave a comment

​  FCA chief commits to ‘deep reforms’ on mortgage rules and anti-money laundering checks to help boost economic growth. Read More 

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Posted in: Business, Economy, Europe, Politics, Regulation, UK Filed under: brexit, eu, regulators, uk

Shock drop in shop sales adds to UK economy worries | BBC

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​  Sales unexpectedly fell last month, due to a poor December for food sales in supermarkets. Read More 

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Posted in: Economy, Europe, Retail, UK Filed under: brexit, eu, retail sales, uk

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Comment on Carnage

  • Elizabeth Gardiner on Britain and Europe: time to move together, faster and further | The Guardian
  • Elizabeth Gardiner on Brexit’s slow‑burn hit to UK economy | Rieti
  • Elizabeth Gardiner on Seven times Starmer’s MPs have forced him to U-turn…so far | Politico
  • Elizabeth Gardiner on A warning for Starmer: Brexit’s falling apart, but if you’re not bold on Europe, your Labour rivals will be | The Guardian
  • Elizabeth Gardiner on Labour must follow up plan to return to Erasmus by re-joining EU | London Loves Business
  • Elizabeth Gardiner on Erasmus is back – but what made it so good? | Metro
  • Mark on Brexit has been a resounding disaster. Starmer must find the courage to change course | The Guardian
  • Kevin Jones on New entrance fee to visit Europe set to triple, says European Commission | CNBC

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