There was more bad news for the UK economy yesterday, as figures releases from the Office for National Statistics showed that GDP contracted by 0.4% in December 2018. Overall growth for 2018 was the weakest since 2012 and…
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Just when it looks as if the US and China might actually secure a breakthrough in trade negotiations, Donald Trump has to come along and spoil it. On Thursday, the president was asked whether he would meet the…
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The main release from the eurozone on Friday was the balance of trade figures from Germany in December. Figures released showed the trade surplus sharply decrease to €13.9 billion from €18.4 billion in November. This was largely brought…
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Any possibility of securing Labour’s support for the next Parliamentary vote vanished into thin air over the weekend, as Theresa May rejected Corbyn’s customs union plan. While it would almost certainly have passed through the Commons, May believes…
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Over the weekend, Theresa May confirmed that she has ruled out Jeremy Corbyn’s customs union plan. Instead, the Prime Minister has offered a concession on environmental and workers’ rights, but this is unlikely to be enough to gain…
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Yesterday, House Speaker, Nancy Pelosi, said that there will not be another government shutdown over Trump’s demands for border wall funding. She said that the longest shutdown in history which recently came to an end, was so unpopular…
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Following rafts of disappointing data from the back-end of 2018 and into the new year, the European Commission has downgraded its growth forecasts for 2019 and 2020. It now expects the eurozone to grow by just 1.3% this…
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The Bank of England announced its interest rate decision yesterday and, unsurprisingly, they were kept on hold this time around. What made for more interesting reading, were the minutes from the Monetary Policy Committee meeting and subsequent press…
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