Where will be hit hardest by a no-deal Brexit?

By Dr Chloe Billing, Research Fellow City Region Economic and Development Institute (City REDI), University of Birmingham With the historic defeat of the Government’s Brexit deal on Tuesday 15th January, what are the economic implications for UK regions in the event of a no-deal Brexit? The work of our international research team, led by Professor … Continue reading “Where will be hit hardest by a no-deal Brexit?”

Brexit and the City: implications for EU capital markets

By Professor Andrew Mullineux, Professor of Financial Economics, Research Associate at the Lloyds Centre for Responsible Business The Department of Finance, University of Birmingham Banks and other financial institutions are preparing for Brexit (and a potential ‘no-deal’ Brexit) by opening and moving staff to offices in EU cities. We can expect to see this trend continue, in … Continue reading “Brexit and the City: implications for EU capital markets”

The Treasury and the virtual modelling of a Brexit ‘reality’

By Professor John Bryson, Professor of Enterprise and Competitiveness Department of Strategy and International Business, University of Birmingham As Theresa May tries to persuade politicians and the British people to support the deal that she has negotiated with the European Union, Brexit becomes even more exciting. Perhaps, the best way of describing this deal is that … Continue reading “The Treasury and the virtual modelling of a Brexit ‘reality’”

Towards a responsible budget rather than politics without vision or ambition?

By Professor John Bryson, Professor of Enterprise and Economic Geography Department of Strategy and International Business, University of Birmingham The danger is that our politicians are suffering from Brexit myopia and this includes the inability to develop a longer-term vision for the UK. The only current vision revolves around an agenda set by others In a speech … Continue reading “Towards a responsible budget rather than politics without vision or ambition?”

Crashing out of the EU with a no-deal Brexit

By Professor Aditya Goenka, Chair in Economics The Department of Economics, University of Birmingham In the event of a hard Brexit, analysts expect that the pound could depreciate by a further 10 percent, adding to the inflationary pressures in the economy. Time is starting to run short for the UK government to resolve the conflicting … Continue reading “Crashing out of the EU with a no-deal Brexit”

Understanding and mitigating the risks of Brexit at a local level

By Professor Raquel Ortega-Argilés, Chair, Regional Economic Development Department of Strategy and International Business, University of Birmingham Politically, the referendum has been a shock to our system. However, Brexit may help us to look afresh at problems in the UK Our current research from the ESRC Brexit Priory Grant, ‘The Economic Impact of Brexit in … Continue reading “Understanding and mitigating the risks of Brexit at a local level”

A guide to the customs union: the future for the UK

By Professor John Fender, Professor of Macroeconomics Department of Economics, University of Birmingham Even if [the UK] negotiates a free trade deal with the EU, trade will not be entirely frictionless Most economists agree that international trade has significant economic benefits for the countries involved. However, such countries often impose tariffs on imports which impede trade … Continue reading “A guide to the customs union: the future for the UK”