candy49 - Proof of Brain

candy49

about 3 hours ago

UK gilt yields soar - for the first time this century the UK is paying more to borrow than the US Normally British and American bond yields track each other. For good reason, as they are both service dominated economies with big housing and financial sectors. But yields are…

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0.007 POB

2 days ago

UK trade surplus with New Zealand jumps after trade deal The Brexit transition ended on 31st December 2020, after which Britain was free to sign trade deals around the world. The trade deal with New Zealand was signed in October 2021…

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0.002 POB

4 days ago

Why are Holiday Inn hotels housing migrants, but Premier Inn hotels arn't? It comes down to business models. Holiday Inn are part of Intercontinental Hotel Group (IHG hotels and Resorts). They're a British multinational listed on both the London…

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0.002 POB

7 days ago

The UK's trade deficit with China widened to £39 billion This was down to a sharp decrease in exports of goods to China. (Services exports were up, but not enough to offset the decline in goods). Here is the table: [source](

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0.002 POB

11 days ago

The Pound's share of Global Foreign Exchange Reserves is at the highest since 2000 The Pound is now the third most held foreign currency (5.1%), after the dollar (57.74%) and euro (20.06%) according to the IMF. Here is the table: [source](

16 days ago

The UK now has a trade surplus with Japan thanks to services The first post Brexit trade deal the UK made was with Japan. It was signed on 23rd October 2020 and came into effect in 2021. It eliminated many of the tariffs that had applied…

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0.002 POB

23 days ago

How Britain got a better trade deal from Trump than the EU The Brits got their timing right. They cut their deal at the moment Trump was at his most vulnerable. Here's the timeline: April 2nd: Trump announces his Liberation Day…

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26.174 POB

25 days ago

UK trade with Australia has jumped since the trade deal came into force in 2023 The Australia-UK Free Trade Agreement, which was signed on 17th December 2021, came into force on 31st May 2023. The deal eliminated 99% of tariffs on both sides. 2024 was the…

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0.002 POB

2 months ago

Labour is heading into an employment crisis The media has been focused on the UK unemployment rate rising to 4.6% from 4% at the general election in July 2024. But that is based on a survey and distorted by the…

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0.006 POB

5 months ago

How will the council elections play out? In about six weeks, the UK goes to the polls for the May council elections. It'll be the first electoral feedback on Keir Starmer's Labour govt since they won power in the…

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0.000 POB