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Category: Economy

Commission a public inquiry into the impact of the UK exiting the EU | UK Parliamentary Petitions

20 December 2024 BrexitCarnage Leave a comment

“Given it has stated its aim of growing the UK economy, we think the government needs to quantify the effects…

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Posted in: Economy, Petitions, Politics, UK Filed under: brexit, economy, inquiry, petition, uk

UK borrowing costs climb as ‘stagflation’ fear stalks gilt market | Financial Times

19 December 2024 BrexitCarnage Leave a comment

​  Stubborn inflation and stalling growth have driven yields back to the highs reached after October’s Budget. Read More 

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Posted in: Economy, Europe, UK Filed under: bonds, brexit, eu, inflation, interest-rates, stagflation, uk

UK inflation rate rises for second month in a row | BBC

18 December 2024 BrexitCarnage Leave a comment

​  Economists say the faster pace of price rises all but rules out an interest rate cut next week. Read More 

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

UK manufacturing confidence slumps after Reeves’s Budget | Financial Times

16 December 2024 BrexitCarnage Leave a comment

​  Data from Make UK complicates picture for BoE rate-setters as they contemplate how quickly to cut interest rates. Read More 

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Posted in: Economy, Europe, Food/drink manufacturing, General manufacturing, Industrial products, Industry Filed under: brexit, eu, manufacturing, uk

Labour government sparking ‘doom loop’ for UK economy, expert says | The National

15 December 2024 BrexitCarnage Leave a comment

“Starmer staked everything on growth and if you look at his poll numbers now, they’re really terrible.” https://www.thenational.scot/news/24793354.labour-government-sparking-doom-loop-uk-economy-expert-says/

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Posted in: Economy, Politics, UK Filed under: economy, labour, starmer, uk

Labour ‘failing on own terms’ as UK economy shrinks for second month | The National

BrexitCarnage Leave a comment

“There’s been far too much pain and no gain.” https://www.thenational.scot/news/24794416.labour-failing-terms-uk-economy-shrinks-second-month/?ref=eb&nid=1948&block=article_block_a&u=524e924e2fd001e39172236d4b7a6fb7&date=131224

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Posted in: Economy, Politics, UK Filed under: economy, labour, starmer, uk

UK inflation: What to expect from November’s data | Morningstar

14 December 2024 BrexitCarnage Leave a comment

​  Today fresh UK economic data also reveals the UK economy shrank by 0.1% in October, the second such contraction in…

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

UK economy shrinks unexpectedly in October | The Guardian

13 December 2024 BrexitCarnage Leave a comment

​  UK’s economy shrinks unexpectedly by 0.1% in October. GDP figures underline scale of challenge for Labour to get the economy…

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

Politics latest: Chancellor admits growth figures are ‘disappointing’ – but defends economic management | Sky News

BrexitCarnage Leave a comment

​  Rachel Reeves has given her reaction to the UK’s GDP contracting for the second month in a row. Meanwhile, ministers…

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

Sterling falls after UK GDP unexpectedly contracts in October | Reuters

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​  The pound fell on Friday after data showed the British economy shrank unexpectedly in October, which could prompt traders to…

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Posted in: Currencies, Economy, Europe, Financial Services, UK Filed under: brexit, eu, gdp, sterling, uk

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Comment on Carnage

  • 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
  • Elizabeth Gardiner on Labour is risking UK financial crisis by refusing to re-join EU | Rejoin EU Party
  • Elizabeth Gardiner on Brexit rule could leave UK passport holders banned from Spain for three years | Liverpool Echo
  • Elizabeth Gardiner on Reeves accused of leaving devolved nations in red after NICs rise | The Guardian
  • Elizabeth Gardiner on Bregret: Why many Britons regret leaving EU | Deutsche Welle
  • Kevin Jones on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent
  • Graham on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent

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