Every now and again someone – often Kamal Sharma from Bank of America (BofA) – warns that sterling is at risk of being downgraded to ‘emerging market’ status. This is lapped up and gleefully retweeted by anyone with an axe to grind against Brexit, or Boris Johnson.,, However, as Sharma himself rightly said in his … Continue reading No, sterling is still in no danger of becoming an ‘emerging market currency’
Category: Brexit
Brexit is not to blame for the surge in UK inflation
Ouch! It looks increasingly likely that the headline measure of consumer price inflation is going to start with a '9' in April...
Schools presentation on Brexit and Covid
Here are the slides from a virtual talk I gave today to a group of students from years 10 to 13... brexit-and-covid-25-april-2022-1Download
Tough times ahead, but Britain is still doing better than the EU
It is astonishing how many people are willing to claim that the UK would not be facing a cost of living crisis if Brexit had not happened, or if the Tories were not in power, and that the Chancellor has done nothing to help. This is – to use a technical economics term – cobblers. … Continue reading Tough times ahead, but Britain is still doing better than the EU
Plain-speaking Economics 