Britain

China's slowdown Let's start with China today because yesterday the Chinese released their worst growth figures in 28 years. The 6.4% growth number was expected. Even so, the problems are large. Here's how Reuters described it yesterday:…

A couple of things today. The default is no-deal, the base case is extension of article 50 I waited until the bust settled on the no-confidence vote before I decided to write again about Brexit. It was clear that the fear of Corbyn as PM…

It's coming down to the wire for British Prime Minister Theresa May now. Starting at about 1900 GMT, parliament is to vote on the Leave Agreement she secured from Brussels. Theresa May has been making last ditch attempts to win over MPs in…

Today's daily post is going to a true daily, covering a wide range of market and political economy news. Forcing government to rule out no deal And I want to start with Brexit because I think this is one of the most pressing issues in the…

The Brexit news is coming hot and heavy now. The latest out of the UK is that House of Commons Speaker John Bercow has allowed an attempt to force Prime Minister Theresa May’s hand on the Brexit deal. The Commons Speaker will allow MPs to…

After I wrote today's post on Brexit, the following news came out - and I think it's significant: Theresa May faces a concerted campaign of parliamentary warfare from a powerful cross-party alliance of MPs determined to use every lever at…

I've been thinking about how to write this piece on the outlook for the political economy in the UK for a number of days. I had it teed up to finish yesterday. But I have left it until today. Apologies I still have the bias that economics…

The maneuvering over the UK's exit from the European Union continues unabated. The latest news inside the UK is that Labour leader Jeremy Corbyn is considering tabling a no-confidence vote against the minority government of Conservative…

Theresa May won the Conservative party confidence vote today by a tally of 200 in favor versus 117 against. While she can now continue on as Prime Minister, the fact that 117 Conservative Party MPs, more than a third of her party, voted…

We now have a Conservative Party vote of confidence by secret ballot scheduled for tonight in the UK. Enough Tory MPs sent letters to the 1922 Committee chair to trigger the vote, throwing the Brexit outcome into further turmoil. But there…