U.K. Key Issues
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Our Chief U.K. Economist, Samuel Tombs, regularly appraises how the economy is coping with the prospect of Brexit in the U.K Monitor, Datanotes and Chartbook. Here, we have highlighted some recent, key reports.
Evidence that U.K. asset prices still are depressed by Brexit risk has become harder to find.... More by Samuel Tombs
The Prime Minister told the public to "face up to some hard facts" about Brexit in her speech on Friday, but she still clung to an unachievable vision of what Britain can hope to achieve.... More by Samuel Tombs
Sterling fell to $1.38, from $1.39, in the hour following the EU's publication of a draft Article 50 withdrawal treaty, which set out the practical consequences of the principles the U.K. agreed to in December.... More by Samuel Tombs
Suggestions that the U.K. government might choose to hold a second referendum have been constantly rebuffed by the Prime Minister.... More by Samuel Tombs
The economy slowed less than we expected in 2017.... More by Samuel Tombs
The MPC was a little irked by the markets' reaction to its November meeting.... More by Samuel Tombs
Brexit talks have hit an impasse over the Irish border. The Republic of Ireland will veto any deal that creates a hard border with Northern Ireland. This means that Northern Ireland must remain in the EU's customs union.... More by Samuel Tombs
Sterling strengthened last week to its highest tradeweighted level since mid-May, amid hopes that the U.K. government will concede more ground to ensure that the European Council deems, at its December 14 meeting, that "sufficient progress" has been made in Brexit talks for trade discussions to begin... More by Samuel Tombs
Sterling weakened yesterday, to $1.31 from $1.32, following news that 40 Conservative MPs have agreed to sign a letter of no-confidence in the Prime Minister.... More by Samuel Tombs
The speed of sterling's rally this month has caught us by surprise.... More by Samuel Tombs
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