The Anglosphere Society
London Real Estate Suffers Largest Drop In A Decade
By Tyler Durden
April 2, 2019.
London continued to lead the pack amid the UK's weakening property market at the start of 2019, according to Bloomberg, which reports that prices have fallen the most since the financial crisis a decade ago.
Values in the capital dropped 3.8% year-over-year according to the Nationwide Building Society, marking the seventh straight decline. The lackluster performance leaves London as the worst-performing region in Britain.
Brexit economic experts are like medieval doctors with leeches - pseudoscience to trick the layman
By Daniel Hannan
The country, or at least its commentariat, owes Michael Gove an apology. When, during the Brexit referendum, the then Lord Chancellor dismissed experts' prophecies of an immediate contraction following a Leave vote, he was howled down as an irresponsible rabble-rouser. Now some of the most prominent experts are themselves admitting that Gove had a point. Last week, Andy Haldane, the Bank of England's chief economist, described Gove's criticism as "a fair cop" given the "disconnect" between the forecasts and what has in fact happened since the vote.
Theresa May and Donald Trump to hold talks on trade deal that cuts tariffs and allows workers to move between the US and UK
By Peter Dominiczak
Theresa May and Donald Trump will this week hold talks over a US-UK trade deal that slashes tariffs and makes it easier for hundreds of thousands of workers to move between the two countries. The Prime Minister will on Friday become the first foreign leader to hold talks with the new President in the White House following assurances by Mr Trump’s team that he wants to do a major free trade deal with Britain that can be announced in the weeks after Brexit.
First China-U.K. Freight Train Departs as Xi Seeks to Lift Trade
By Bloomberg News
London trip will span 18 days and more than 12,000 kilometers
China initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe. The first train departed Yiwu in eastern Zhejiang province on Jan. 1 and will cover more than 12,000 kilometers (7,500 miles) in about 18 days before reaching London, China Railway Corp. said in a statement Monday. The service, carrying garments, bags and suitcases among other items, will pass through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France.
Boris Johnson: UK 'first in line' for free trade deal with US
By Julian Borger in Washington
UK foreign secretary emerges from meetings with Donald Trump’s aides with positive attitude towards future relationship
Boris Johnson has claimed that the UK is “first in line” for a free trade deal with the US after the Trump administration takes office on 20 January. On a hastily arranged trip to the US to reinforce previously weak links with Donald Trump’s transition team, Johnson also declared on Monday that the incoming administration had “a very exciting agenda of change”. Johnson’s claim about the UK’s future status as Washington’s preferred trading partner was a pointed reference to Barack Obama’s warning during the EU referendum campaign that Britain would be at the “back of the queue” for a trade deal if it chose Brexit.
Strengthening the ties between the United States, United Kingdom, and the English speaking world.
Trump Greets U.K.'s May as World Leaders Look For Cues
By Robert Hutton and Margaret Talev
Theresa May will provide the first test for how world leaders can deal with Donald Trump when she arrives in the U.S. to welcome the new president to the global stage and lay the groundwork for a U.S.-U.K. trade deal. “As we rediscover our confidence together –- as you renew your nation just as we renew ours –- we have the opportunity, indeed the responsibility, to renew the special relationship for this new age,” the U.K. prime minister will tell Republican lawmakers gathered in Philadelphia on Thursday, according to excerpts from her prepared remarks. “We have the opportunity to lead, together, again.”
"Great news from Britain!"
World’s top wealth fund puts billions into Britain
UK will be stronger after Brexit, Norwegians say
By Oliver Wright, Policy Editor | Callum Jones, Trade Correspondent
February 28, 2019
The world’s largest sovereign wealth fund is taking a 30-year bet that Britain will emerge from Brexit stronger outside the European Union. In an unexpected move, Norway’s £740 billion wealth fund said yesterday that it would increase its exposure to British companies, property and bonds regardless of the outcome of Brexit negotiations. This comes despite a 12 per cent fall in the value of its £62 billion of UK investments this year. Britain is the third largest market for the fund’s investment capital, which was built up from Norway’s oil and gas revenues.