The UK, an economy in transition

The Bank of England “kept calm and carried on” with no change in interest rate. Inflation was not considered as much of a concern as the fragile state of the recovery. Where does this fragility come from?   Let’s think of the

British financial industry

In 2018, the British financial industry was the source of over a third of all the tax revenues, either directly through taxes paid by companies or indirectly through the PAYE of employees working in finance. When the UK was part of the