Brexit: Schrodinger’s Cat in Pandora’s Box
Negotiations about a backstop replacement have intensified following unspecified reassurances from the UK yesterday. Compromise may lie with a...
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UK: GDP Forecast Raised to 0.5% for 3Q19
UK GDP growth contracted 0.1% m-o-m in August, but this negativity was more than offset by upside revisions. The services sector has been...
379 Views
Brexit: No-Deal Tariffs Are No Big Deal
The UK government intends to cut its standard (MFN) tariff schedule if it leaves the EU without a deal. Associated taxes on UK-EU27 trade would be...
428 Views
Brexit: Proposals Break Political Lines for a Deal
The UK has released its revised proposals for the backstop, which would potentially introduce new border frictions between Northern Ireland and...
407 Views
UK: Uncertainty Effect Intensifies in Sep-19
The services PMI disappointed expectations by falling 1.1-points to 49.5 in Sep-19. All three UK PMIs are now below the threshold level of 50 that...
378 Views