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UK mini-budget carries significant risks

Location:

UNITED KINGDOM

Among the key short-term measures to tackle inflation is the energy price guarantee (EPG), which will limit the average household energy bill to GPB2,500 (USD2,700) for the next…

UK-EU compromise is more likely than not

Location:

UK/EU

Truss adopted a hard-line stance on the protocol in her bid to win the race to become new Conservative Party leader and prime minister. Despite focusing on other issues when she…

New UK premier’s survival prospects are fragile

Location:

UNITED KINGDOM

Truss’s main priorities are to tackle rising energy bills and stabilise the National Health Service (NHS), both enormous public policy challenges that would test any leader. Her…

Deepening of EU-UK cooperation will be limited for now

Location:

EU/UK

The announcements are symbolic of improved relations between London and Brussels under Prime Minister Rishi Sunak, and especially since the signing of the Windsor Framework in…

New UK leader will struggle to unite ruling party

Location:

UNITED KINGDOM

Sunak's accession and his decision to keep Jeremy Hunt as chancellor has helped to restore market stability. However, the current economic situation leaves his government facing…

UK fiscal position leaves little space for growth

Location:

UNITED KINGDOM

The statement coincides with forecasts from the Office for Budget Responsibility (OBR) and the Bank of England (BoE) which envisage that economic growth will not return to…

UK prime minister will likely remain in power for now

Location:

UNITED KINGDOM

As many as a dozen lockdown parties are now alleged to have been held at Downing Street, significantly damaging Johnson’s support among the public and his Conservative Party. His…

EU-UK deal closer but core challenges remain

Location:

UK/EU

An EU-UK joint statement said the agreement provided a “new basis” for talks on the implementation of the Northern Ireland Protocol, the dominant source of friction in the EU-UK…