How would you like your Brexit? Beware the cold-eyed lizards in the Treasury with their one-dimensional models (which haven’t worked well so far). The job of the Treasury is narrow and focused on the economy, and particularly on those who benefit from it. They are likely therefore to make decisions that protect, and perhaps enhance, … More 100 Days Review (part 1)
It is of course possible that Brexit will turn out to be a disaster for Britain, and it could be if we don’t take suitable action – though we believe that Britain will cope, in part because of our history and experience and in part because the EU is itself failing, perhaps terminally. However, some … More Manufacturing v. Services
We’re not complacent about the pound’s plunge, uncertainty is not helpful in financial matters. Brexit has added uncertainty but is far from the only factor causing this. Since the global crisis, almost a decade ago, central banks have been competing to devalue their currencies to support growth (or prevent deflation). The Chinese have always done … More Sterling’s Fall
This EU Won't Work 