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Category: Economy

Investors strap in for prolonged pain in debt-scarred UK markets | Reuters/Yahoo Finance

17 January 2025 BrexitCarnage Leave a comment

​  Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses…

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Posted in: Currencies, Economy, Europe, Financial Services Filed under: brexit, eu, investors, markets, uk

UK retail sales shrink unexpectedly in December, fuelling glum data | Reuters

BrexitCarnage Leave a comment

​  British retail sales fell unexpectedly in December, according to data on Friday that raised the risk of an economic contraction…

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Posted in: Business, Economy, Europe, Retail Filed under: brexit, eu, uk

Forget Elon Musk – here’s what’s really terrifying UK government | Politico

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​  A return to austerity was not in Keir Starmer’s plans — and it risks shredding Labour’s credibility while populists snap…

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

Bond vigilantes have UK in their sights | Financial Times

16 January 2025 BrexitCarnage Leave a comment

​  Last week investors dumped gilts and sold the pound, as concerns over the UK’s fiscal sustainability mounted. Ten-year government bond…

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Posted in: Economy, Europe, Financial Services Filed under: bonds, brexit, eu, uk

UK borrowing costs have hit highest level since banking crisis | The Conversation

11 January 2025 BrexitCarnage Leave a comment

​  Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level…

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

Brexit has done enormous harm to the UK – Starmer needs urgently to repair the damage | The Independent

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“The markets are always looking ahead. Starmer and Reeves would do well to take that on board.”  https://www.independent.co.uk/news/business/comment/brexit-starmer-rachel-reeves-economy-b2677314.html

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Posted in: Economy, Opinion, UK Filed under: brexit, labour, markets, uk

UK markets are in eye of global bond storm | Reuters

10 January 2025 BrexitCarnage Leave a comment

​  British markets are among the biggest victims of a global bond sell-off that has spilled over into currencies and stocks…

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Posted in: Economy, Europe, Financial Services Filed under: bonds, brexit, eu, uk

Fears over UK borrowing costs as US job figures prompt stock market volatility | The Guardian

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​  Pound falls against the dollar and bond yields rise amid concerns over high UK inflation and interest rates. Read More 

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

UK’s Reeves faces pressure after financial market rout | Reuters

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​  Treasury minister Darren Jones, Reeves’ deputy, told parliament the UK bond markets “continue to function in an orderly way” and…

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

Brexit is a “self-inflicted wound” costing Britons £1,750 a year | Brexit Carnage

9 January 2025 BrexitCarnage Leave a comment

By Brexit Carnage editorial staff The UK’s exit from the EU is a “self-inflicted wound” costing every Briton about £1,750…

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Posted in: Economy, UK Filed under: brexit, economy, rabobank, 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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