Five Years Since Brexit: Four Charts To Show UK Shares Could Be Returning To Favour
Half a decade after the UK voted to leave the EU, Schroders experts Sue Noffke, Rory Bateman and Azad Zangana examine the investment case for the UK stock market.
UK economy
How The UK Went From Leader To Laggard
Compared to 2019, when the entire market was eagerly watching events surrounding Brexit, both the Covid-19 crisis and the U.S. elections are attracting more attention than the imminent end of the transition phase. However, the clock is ticking without mercy, as EU chief negotiator Barnier keeps reminding us. In light of the time it will take for legal processes in the UK, as well as on the continent, only a few weeks remain to avert a disruptive UK exit from the European common market, DWS explain.
Brexit Freeport Plan: Empty Promise Or Gateway For Tax Crime?
European Views | In the first weeks of the United Kingdom’s official departure from the European Union, one of the most significant moves made by Boris Johnson’s government has been the launch of a “freeport” plan masterminded by Johnson’s handpicked Chancellor Rishi Sunak. Downing Street claims that its decision to create “up to ten new innovative Freeports” – special trade zones where goods can transit or be stored without having to pay taxes or customs – means “hubs of business and enterprise will be opened across the UK.”
The Unexpected Rate Cut By The Bank Of England Sends Clear Message Of Policy Accord With The Treasury
Ranko Berich (Monex Europe) | The macroeconomic policy orthodoxy of the past 30 years will likely lie in ruins by the end of today, as the Bank of England and Treasury embark on synchronized monetary and fiscal easing on an unprecedented scale. The timing and size of the move from the BoE come as a surprise to markets, and seem calculated to send a clear message of policy synchronization.
Economy on alert: US yield curve inverts
Keith Wade, chief economist at Schroders │ The yield curve has been a reliable element in the prediction of US recessions over the last four decades. With only one exception, every time the curve has inverted, the US economy has entered into recession within 18 months.
The UK And The Brexit Storm Which Is Approaching
Top economists and heads of UK institutions and companies are demanding a clear strategy from Downing Street on how the government will collaborate to weather the Brexit storm. Many are sceptical about the overly-optimistic picture painted by Theresa May and Philip Hammond about the economic future.
The UK Four Months On From Brexit: “The Worst Is Yet To Come”
It’s not even four months since the UK referendum on remaining in the European Union, resulting in the successful vote for what is known as Brexit. The questions on which Great Britain wants to base its exit negotations from March 2017 are being able to maintain all the advantages of an EU member, like the freedom of movement of goods and capital, while still controlling its own borders.
UK: let’s be more British, please
LONDON | By Víctor Jiménez | Raise the main interest rate? Certainly not. Or not yet, anyway. While the US economy is not showing clear signs of having overcome the assisted breathing phase (i.e. printing money or the recently wound up phase of quantitative easing that the Fed finished two weeks ago), the chances are that the Bank of England will keep the price of the pound at a very low level.
UK Banks: 6% unlucky for some
LONDON | The Corner | The issue of capital tension has been the key driver of BNP Paribas’ UK bank recommendations over the last nine months, and this remains the case. These experts have no Outperform ratings with the exception of Lloyds – which should broadly meet all three parts of the UK framework within 18 months. They believe this consultation is particularly unhelpful to Barclays.