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Category: Economy

SNP’s Forbes hails Scottish GDP growth ‘despite Brexit and devolution’ | The National

30 August 2024 BrexitCarnage Leave a comment

​  That meant Scotland enjoyed the same level of economic growth as the UK as a whole in the second quarter.…

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Posted in: Economy, Europe, Scotland, UK Filed under: brexit, economy, eu, Forbes, scotland, snp, uk

UK watchdog sees case for Reeves to ramp up public investment | BNN Bloomberg

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“The UK’s fiscal watchdog laid out the case for new Chancellor Rachel Reeves to [increase] public investment amid concerns that…

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Posted in: Economy, UK Filed under: investment, obr, Reeves, uk

Scottish economy grows but Forbes flags Brexit effect | The Herald

28 August 2024 BrexitCarnage Leave a comment

​  Kate Forbes said she looked forward to working with the UK Government on the ‘challenges’, and flagged the effect of…

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Posted in: Economy, Europe, Scotland, UK Filed under: brexit, eu, Forbes, scotland, uk

Fish and chips UK takeaway with biggest price rise | BBC

27 August 2024 BrexitCarnage Leave a comment

​  The deep fried delicacy has seen the biggest price increase of some of the UK’s most popular takeaways, according to…

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Posted in: Economy, Europe, Retail, UK Filed under: brexit, eu, fish and chips, uk

How long will Reeves last in office? | Funding The Future

BrexitCarnage 1 Comment

“My suspicion is [Reeves] won’t be for changing. I also suspect she won’t be Chancellor for more than two years…

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

Swiss finance minister chides US, Europe over ‘time-bomb’ debt levels | Reuters

25 August 2024 BrexitCarnage Leave a comment

​  Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance…

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

UK Bank Reserves May Fall Below GBP500bn by End-2025 | Fitch Ratings

23 August 2024 BrexitCarnage Leave a comment

​  Fitch Ratings-London-22 August 2024: The reduction in the Bank of England’s (BOE) balance sheet – as earlier unconventional monetary policy…

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Posted in: Banking, Economy, Europe, Financial Services Filed under: bank reserves, brexit, eu, uk

UK borrows more than expected in July, underlining challenge for Reeves | Reuters

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​  Britain’s government again borrowed more than expected last month, according to official data released on Wednesday that highlighted the tight … Read…

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Posted in: Economy, Europe, keir-starmer-brexit, labour-party-brexit Filed under: borrowing, brexit, economy, eu, uk

Surging UK bank borrowing from BOE adds to liquidity debate | BNN Bloomberg

22 August 2024 BrexitCarnage Leave a comment

“UK banks borrowed a record amount of cash from the Bank of England’s weekly repo facility, part of an upward…

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Posted in: Economy, UK Filed under: bank-of-england, banks, economy, liquidity, sterling

UK net borrowing higher than expected | CNBC

21 August 2024 BrexitCarnage Leave a comment

​U.K. public sector net borrowing rose to £3.1 billion ($4.037 billion) in July, up by £1.8 billion the previous year,…

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