Tuesday, April 23, 2019
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Pre-Brexit cheer for Hammond and UK economy from latest data

The volume of products bought by British consumers rose by 0.4% in February

Majority of UK import tariffs set at zero in a no-deal...

Ministers announced that 87% of all goods entering the country would face zero tariffs, with import taxes remaining for only 13% of incoming goods

Spring statement: Smaller deficit could be biggest news of fiscal non-event

The Budget was the event at which the Treasury would change taxes and spending plans. Timed to coincide with the beginning of the new fiscal year, this was the moment the government made its biggest impact on the economy

Brexit: Government to slash up to 90% of trade tariffs if...

The Department for International Trade (DIT) intends to cut 80-90% of all tariffs imposed on goods imported into Britain, according to Whitehall sources

European Central Bank comes to UK’s aid as crisis-era swap lines...

The Bank said it was taking the action to ensure that banks do not run short of cash if there is a no-deal Brexit

Japan’s ambassador warns more firms could leave UK over Brexit

In an exclusive interview with Sky News, Koji Tsuruoka said Japanese companies had been cutting back on investment in the UK amid the uncertainty

Japan/EU trade deal likely the biggest factor in Honda move from...

But while Brexit is hardly helping (we'll get to that in a second) it is worth in this case being a little cautious about putting it all down to Britain's decision to leave the European Union

Bank of England governor Mark Carney sees Brexit ‘acid test’ as...

In a speech in London, Mark Carney warned of the growing risks facing the world economy amid a potential trade war between the US and China and the rise of anti-globalisation politics around the world

Brexit is clearly taking its toll on UK economic growth

For beneath the headline figures which showed that the economy grew by 0.2% in the final quarter of last year were a couple of striking stories: first, that the economy is looking weaker than those big numbers suggest; second, that that weakness owes rather a lot to Brexit

Why the Bank’s growth downgrade is not a tablet of stone

So let's strip this down to the bare bones