Tag: financial services

Brexit Britain’s resilient services sector is proving the gloomsters wrong

Many people raised concerns about the patchy coverage of services in the Brexit deal negotiated between the UK and EU, known as the Trade and Cooperation Agreement (TCA). The gaps have already caused some significant problems, especially for smaller firms. In principle, the TCA offered extensive market access for UK services businesses, including the mutual … Continue reading Brexit Britain’s resilient services sector is proving the gloomsters wrong

Is Britain winning or losing from Brexit?

Brexit pessimists are having a field day following official confirmation that UK exports to the EU slumped in January – and they have a point. Anything that increases the cost of doing business across borders was always likely to reduce trade. Nonetheless, the first month’s trade figures after the end of the transition period are … Continue reading Is Britain winning or losing from Brexit?

The UK economy will bounce back this year – here’s why

I often think my fellow economists are a miserable bunch. Survey after survey has predicted that the UK economy will take years to recover even to pre-Covid levels, with unemployment set to spiral and the fallout from Brexit only getting worse. But as we know, the consensus among followers of the ‘dismal science’ has often … Continue reading The UK economy will bounce back this year – here’s why