Soon after the referendum a small cloud of uncertainty started to hover over the UK, as time has progressed the cloud of uncertainty has grown significantly. The uncertainty has brought change, the change has been caused by the risks triggered by the uncertainty, but remember Brexit is all about change, it is the biggest transformation [...]
What we are seeing in Parliament now is panic, the sudden realisation that we really could leave the EU without any sort of deal and the potential economic damage that could cause worries a lot of MP's. They see the EU holding fast to the deal they have put on the table or no deal [...]
Recently, I had made a professional HR business owner aware of all the economic and Brexit related considerations from a HR perspective. They were both shocked and said they found it scary (their words). Their next sentence said it all, “I think we are all under estimating the depth of impact that we are sleep [...]
Data released by the UK’s leading business recovery specialists Begbies Traynor has identified an increase of 44% for the 4th quarter of 2017 compared to the previous year. The trend was reflected in Swindon, where amongst the sectors faring worst were construction which saw an increase, Bars and Restaurants increased by 31%, Industrial Transportation and Logistics [...]
Why is the government refusing to publish its “impact assessments” on what Brexit might mean for the UK economy? David Davis insists that the papers will not be published because the government believes they would undermine the negotiations and the national interest. But they could help companies with forward planning for Brexit……. Some of the [...]
Today’s preliminary UK GDP estimate from the ONS showed an upward surprise with growth of 0.4% in Q3, beating expectations of 0.3%. Sterling shot upwards above $1.3250 on the news as the pathway for a rate hike at the Bank of England’s November 2nd meeting looks to be a sure thing. The futures implied [...]
Our vote to leave the EU in June 2016 on its own has caused much uncertainty and continues to do so as the negotiations are ongoing, the Conservative government however certainly hasn’t helped the situation with a change of leader soon after the referendum causing yet more uncertainty and concern. Then after the Easter bank [...]
In a move that could be followed by other UK manufactures McLaren shifts supply chain back to the UK. The luxury car company is boosted by the weak pound and focuses on domestic components. When I started my business career on the Birmingham Stock Exchange in the mid-sixties there were many motor component companies in [...]
Banks based in Britain have called for legal clarity over whether contracts that underpin €1.3tn worth of their cross-border financial transactions will continue to be valid after Brexit. UK Finance and the Association for Financial Markets in Europe have issued a joint paper calling for prompt action to ensure that contracts providing cross-border financial services, [...]
The fall in sterling following last year’s EU referendum has failed to boost UK economic growth, the British Chambers of Commerce said on Friday. The business group said there was “no sign on the horizon of a return to healthier levels of growth” as it published its latest quarterly forecasts. The pessimistic outlook stems from [...]
