brexit

Reeves Cites Economic Impact of Brexit for Fiscal Tightening

The United Kingdom’s Finance Minister, Rachel Jane Reeves, has formally stated that an upcoming budget will require both tax increases and spending reductions, directly attributing the necessity for fiscal tightening to the enduring economic impact of Brexit. This announcement signals a definitive governmental assessment that the structural effects of the nation’s withdrawal from the European Union...

The Brexit Dilemma

Since 2016 now, the European Union (EU) and the United Kingdom (UK) are working to enable the UK to leave the EU. At the beginning of 2020, the UK officially left the Union, while there is still a transition period until the end of the year. This event, which is commonly known as the ‘Brexit’,...