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Category: Economy

Anarchy in the UK: Truss policies unleash financial chaos | Deutsche Welle

5 October 2022 BrexitCarnage Leave a comment

​… first weeks as prime minister appear to have had an unintended positive effect on another key policy area: post-Brexit…

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

Has the UK economy become an “emerging market”? | British Politics & Policy at LSE

BrexitCarnage Leave a comment

​From the Brexit vote to the mini-budget in September 2022, economic policy in the UK has been uncertain, a feature…

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Posted in: Economy, EU, Euro Facts, Europe, research, UK Filed under: brexit, eu, uk

Whisper it, but it was the folly of Brexit that paved the way for Truss’s crazy libertarian zeal | The Observer

2 October 2022 BrexitCarnage Leave a comment

Read More  ​The line from Brexit to last week’s debacle is straight and obvious. EU membership opened up 40 years…

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Posted in: Currencies, Economy, Europe, Opinion, Politics, UK Filed under: brexit, europe, uk

Standard & Poor’s cuts UK rating outlook after tax-cut plan | US News/Reuters

1 October 2022 BrexitCarnage Leave a comment

“S&P judged Truss’s tax-cutting plans would cause debt to keep rising.” https://money.usnews.com/investing/news/articles/2022-09-30/s-p-cuts-outlook-for-uk-rating-to-negative-from-stable

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Posted in: Economy, UK Filed under: debt, rating, sp, tax-cut plan

Pound weakness and Brexit: “Britain is seriously behind” | Broadway

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Read More  ​Pound weakness and Brexit ‘Britain is seriously lagging behind’ 9/30/2022, 5:03 PM The currency collapsed immediately after the…

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Posted in: Currencies, Economy, Europe, Financial Services, UK Filed under: brexit, europe, uk

French government ‘worried about Britain’, Macron’s finance minister says | The Independent

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“Bruno Le Maire said the UK was paying the price for leaving the EU.” https://www.independent.co.uk/news/uk/politics/france-worried-uk-economy-mortgages-bruno-le-maire-b2183192.html

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Posted in: Economy, Politics, UK Filed under: brexit, finance-minister, france, le-maire, macron

Richard Bacon applauded for highlighting how much damage Truss has done | Indy100

30 September 2022 BrexitCarnage Leave a comment

Read More  ​”Liz Truss has done more damage to the British economy than Brexit, the war in Ukraine, or the…

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Posted in: Economy, Politics, UK Filed under: brexit, europe, question-time, truss, uk

‘Game-changing’ figures a major boost to case for Welsh independence, says Plaid | Nation Cymru

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“Research shows an independent Wales’s fiscal gap would be a fraction of the figure previously reported.” https://nation.cymru/news/game-changing-figures-a-major-boost-to-case-for-wales-independence-says-plaid/

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Posted in: Economy, Europe, Politics, UK, Wales Filed under: economy, fiscal-gap, independence, wales

‘Told you so’: EU struggles to contain Schadenfreude at UK tumult | Financial Times

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Read More  ​European capitals believe new government’s tax-cutting, high-borrowing plan exposes flawed thinking that drove Brexit.    

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Posted in: Economy, EU, Europe, European Commission, Politics, UK Filed under: brexit, europe, uk

US, Germany throw shade at Truss’s economic plan amid UK market turmoil | Politico

29 September 2022 BrexitCarnage Leave a comment

Even Turkey’s Recep Tayyip Erdoğan is making fun of the pound. Read More 

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Posted in: Economy, Europe, Government, Politics, UK, Uncategorised

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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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