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Category: Economy

UK economy heads for slowdown after ‘Goldilocks’ first half | BNN Bloomberg

19 August 2024 BrexitCarnage Leave a comment

​  Britain’s economy is enjoying a “Goldilocks moment” with slowing inflation, rising employment and healthy growth that’s likely to set the…

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

UK wage growth slows to new two-year low | Politico

16 August 2024 BrexitCarnage Leave a comment

​  It adds to evidence of a cooling labor market in Britain and may make it easier for the Bank of…

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Posted in: Economy, Europe, Labour issues, Politics, UK Filed under: brexit, eu, uk, wage-growth

Battle against UK inflation is far from over, says Bank of England policymaker | The Guardian

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​  Catherine Mann says Britain should not be ‘seduced’ by price rises easing to the BoE’s target. Read More 

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Posted in: Economy, Europe, UK Filed under: bank-of-england, brexit, eu, inflation, uk

First UK inflation increase of year forecast in setback for Bank of England | The Guardian

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​  City economists predict annual rate to rise to 2.3% in July after two months at Bank’s 2% target. Read More 

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

UK inflation rate ticks up to 2.2% in first rise this year | BBC

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​  Overall prices rose by 2.2% in the year to July, slightly above the Bank of England’s target of 2% where…

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

Closer Europe ties would help solve problems Reeves says Britain faces – Letters | Yorkshire Post

9 August 2024 BrexitCarnage Leave a comment

“Ripping up Labour’s own election ‘red lines’ around Brexit and Europe would be popular with the majority of voters, UK…

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Posted in: Economy, Opinion, Politics, UK Filed under: brexit, economy, europe, Reeves, uk

Crawling back to the EU after Brexit will only end badly for Britain | City AM

8 August 2024 BrexitCarnage Leave a comment

“The vote to leave the EU was held at the end of the second quarter of 2016. Since then, the…

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

Why UK pound is unlikely to regain pre-Brexit levels | Goldman Sachs

7 August 2024 BrexitCarnage Leave a comment

​  While he expects the pound to rally against the US dollar and the euro over the coming year, Trivedi, the…

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

Experts warn new EU deal needed, with ‘Brexit uncertainty’ still damaging confidence in UK economy | The Independent

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​  Brexit renegotiation and a massive increase in public investment are needed if Keir Starmer and Rachel Reeves want to turn…

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

UK’s first rate cut in four years is awkward for Labour | Politico

5 August 2024 BrexitCarnage Leave a comment

​  The U.K.’s finance minister spent all week saying Britain’s economy is broken. Then the BoE cut interest rates. Read More 

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Posted in: Economy, Europe, UK Filed under: brexit, eu, labour, rate cut, 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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