The chart shows some aspect of each nation’s position on trade with the UK in the run up to Article 50 negotiations with access to the single market being the key issue.
Chart of the Week: Week 39, 2016: Impact of Brexit on the Big 4 UK Banks
After the collective downturn following the Brexit vote in June (a dramatic 30%), RBS, Lloyds and Barclays share prices have remained well below their pre-referendum rates.
September 2016
Like a drug, increasing QE is less and less effective. The actions of the Bank of England post-Brexit are for this reason extremely worrying and will cause many more problems down the road for banking…
July 2016
We can now say that June 23rd is a seminal moment in Great Britain’s history.
The outcome of the referendum was unexpected and extraordinary. The weight of th…
Chart of the Week: Week 26, 2016: UK Historical Exchange Rates
As a result of last Thursday’s “Brexit” referendum, the British pound suffered two days of intense devaluation, and although it has steadied in the last 24 hours, this week’s chart shows that this has been the sharpest 2-day fall since the era of free-floating currencies began in 1971.
June 2016
It is likely that Britain will vote to Remain on the 23rd June, as the weight of vested interests will be supported by the status quo and the natural desire not to rock the boat! The entrepreneurial and adventurous spirit of Britain which has been waning for many years, will take a further beating….