Barnier - tariffs unavoidable if UK leave customs union.Read more
2018 Edition available now.Read more
According to the UK's Department for Business, Innovation and Skills (BIS) the trade to GDP ratio increase from 51.6 to 61.6 between 2003 and 2013. However, according to the World Bank, UK trade openness fell to 59% in 2014.
Trade openness is calculated using the following equation:
It is argued that trade openness brings many economic benefits, including increased technology transfer, transfer of skills, increased labour and total factor productivity and economic growth and development.
CPI inflation down to 3.0% - but the RPI hits a 6 year high, at 4.1%.Read more
Costs and benefits of customs unions.Read more
UK grows by 0.3% in 1st quarter of 2017.Read more
Multiple choice papers for Paper Three.Read more
What trading options are available to the UK?
Report on the growth of alternative finance.Read more
Savings ratio falls to lowest level on record.Read more