Rebecca Harding (CEO)

Can the UK recover from Covid-19?

– UK Q1 GDP figures expected to be catastrophic. Expect UK exports to have fallen back by up to one fifth in Q1. – Trade will not be the same after the COVID-19 Pandemic. – UK is now in strategic competition between blocs of interest – Russian, Chinese, American and European- Alongside weakening international governance The Q1 GDP figures this week will be to the economists what the daily Covid 19 death rate statistics have beeen to the medical profession.…

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Three reasons why trade will never be the same again

Remember January 2020? We thought the trade war had turned into a truce. We had mildly positive expectations for global economic growth based on IMF forecasts. We thought financial markets would continue their bull run with the only risks the same as those evident throughout the period since the Global Financial Crisis: US dollar denominated debt in emerging markets, the strength of the US dollar, the sustained effects of extraordinary monetary policy and the speed at which  trade and growth…

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Mind the gap – why we need to think about small exporters

The World Trade Organisation’s latest outlook for global trade makes grim reading. The Covid-19 pandemic could cause a drop in world trade of bewteen 13% and 32% in 2020. The trade community has been watching inventory stock plummet since February and while at the outset of the crisis this was simply a supply chain disruption, the complete global lockdown of our daily lives has caused a drop in global demand for goods and services like no other in recent memory. Even…

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Covid-19 and critical medical equipment supply chains: what flows where?

In January this year, Coriolis Technologies conducted a survey of the UK population about national security. Over 68% of respondents said that a better resourced and improved NHS would make them feel more secure on a personal basis. Two months on, and global security is critically dependent on healthcare systems around the world. But while responses have largely been national, for obvious reasons, the challenge of getting supplies of life-saving ventilators, face masks, personal protective equipment, and medical supplies to…

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Leaving them stranded? Understanding the UK’s trade negotiating stance amid the coronavirus outbreak

Dr Rebecca Harding, CEO The UK stands to gain in trade terms from the current outbreak of novel coronavirus (Covid-19). It turns out that the world’s current obsession with personal hygiene plays to its advantage: it is a net exporter of both toilet paper and hand sanitiser – export values in 2018 were US$129mn for toilet paper, and US$455mn in hand sanitiser. As the world’s 11th largest exporter of toilet rolls and 4th largest exporter of hand sanitiser, at least…

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