Tag "Economy of the United Kingdom"
United Kingdom – Northern Ireland Protocol Complicates Trade Negotiations
The status of Northern Ireland (NI) has consistently been one of the most contentious aspects of Brexit. The tenuous political quagmire, combined with the fact that it hosts the only land border between the UK and the EU, has caused a plethora of economic and sociopolitical problems. In an attempt to prevent the creation of a hard land border in Ireland, the UK elected to let NI remain part of the EU single market. While this has prevented dividing Ireland, it has strained relations between NI and the rest of the UK.
UK consumer debt: A cause for alarm?
As consumer debt in the UK reaches pre-2008 financial crisis levels within a new low interest rate austerity dynamic, we examine whether there is reasonable cause for concern and how the Government and Bank of England mitigate the risk.
Power shifting as India rises above its former rulers
In the days of the British Raj, India was a subject of British rule. Fast forward 70 years and the situation has reversed with India influencing UK.
GRI’s Weekly Risk Outlook
Sri Lanka holds early elections. Bank of England to decide on monetary policy. U.S. to release federal reserve meeting minutes and new employment data. Greek elections threaten financial markets. Deflation pressures China’s
UK economy is finally recovering, says Bank of England
The Bank of England’s upbeat assessment of the state of economic recovery in the UK is the flavor of the month. GRI gives you the main points from the latest
