Macroeconomics: UK economy, IB Economics

Newsnight looks at the importance of a trade deal with the EU, and looks at the journey that it's taken to get to this point. The consensus view is that we're at the harder end of the Brexit spectrum, with the fiction of 'sovereignty' being emphasised over the importance of trade. That's what happens when you're being led by children.

History will not be kind...

This is an excellent article highlighting the impact of Brexit on Jaguar Land Rover - in a straightforward fashion. It is a must-read in my view.

And some of my classes are likely to see it in one form or other. Next year! Hurrah for the holidays...

This article contains the quite fantastical claim that, in the event of a hard Brexit, Nissan wouldn't shut its UK plant but would look instead to ramp up production in the UK in the hope of increasing its market share from 4% to around 20%. 

In other, more realistic news, it seems that even a 10% tariff might be enough to jeopardise the company's European business model. 

Rumours that the company are planning to export UK-made cars to Europe in thousands of 'boxes' containing musical equipment have been stenuously denied.