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Category: Economy

Crippling mortgages and £16 olive oil: how much have UK prices risen in the past two years? | The Observer

15 April 2024 BrexitCarnage Leave a comment

​  The government might be celebrating falling inflation, but higher prices for goods and services are here to stay. Read More 

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

Labour Party to face ‘uphill struggle’ in fight to boost UK economy, JPMorgan says | Marketwatch

13 April 2024 BrexitCarnage Leave a comment

“Labour is unlikely to pursue a reversal of the U.K.’s exit from the European Union, meaning it will have to…

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

UK Brexit border rules to add 0.2 points to inflation, Allianz says | BNN Bloomberg

11 April 2024 BrexitCarnage Leave a comment

​  (Bloomberg) — Brexit border controls on certain foods imported to the UK from the European Union may push up inflation…

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

New Brexit checks to cost UK business £2bn and fuel inflation, report finds | The Guardian

BrexitCarnage Leave a comment

​  Additional measures from 30 April for imported animal and plant products could hike costs by 10% in first year, says…

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

How cuts to marginal income tax could boost UK’s stagnant economic growth | Loughborough University

6 April 2024 BrexitCarnage Leave a comment

​  The British prime minister recently claimed the UK economy has “turned a corner”. … The global financial crisis, Brexit and…

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

Brexit: Food prices will go up with new border checks in weeks on EU imports | Evening Standard

2 April 2024 BrexitCarnage Leave a comment

​  Brexit border checks on imports from the European Union will push up food prices in Britain, says a retail chief. Read…

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Posted in: Economy, Europe, Imports, Trade Filed under: brexit, eu, food-prices, uk

UK is trapped in cycle of political, social and financial turmoil. But there is a way out | The Observer

1 April 2024 BrexitCarnage Leave a comment

​  The Conservatives’ pernicious reign, defined by a toxic belief in self-organising markets, has brought Britain to its knees. Read More 

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

BlackRock takes options to calm Brexit nerves despite pound positivity | Yahoo/Reuters

31 March 2024 BrexitCarnage Leave a comment

​  Scott Thiel, BlackRock’s Deputy Chief Investment Officer for global fundamental fixed income, said the money manager was buying option “calls”,…

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

Europe could lower rates ahead of Fed, ECB’s Holzmann says | Reuters

BrexitCarnage

​  The European Central Bank could lower its key interest rate before the U.S. Federal Reserve, ECB Governing Council member Robert…

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Posted in: Economy, Euro News, Europe Filed under: brexit, ecb, eu, interest-rates, uk

Official data confirms UK economy slipped into recession last year | Financial Times

29 March 2024 BrexitCarnage Leave a comment

​  Liz McKeown of the ONS said: “Our updated set of GDP figures shows quarterly growth unrevised across 2023, with a…

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