Tag: political risk
Just when you thought it was safe to go back to work … everything has changed. At the start of 2016, the political environment looked set fair. The economy was recovering, at least in the UK, where we had a majority Government after five years of a sometimes fractious coalition. Foreign and economic policy were conducted within a long-established and well-understood framework. The USA and NATO acted as a strong military protector, guaranteeing geopolitical stability. The EU delivered a stable and reliable single market, enabling barrier-free trade across the largest single market in the world. Prosperity was rising after a difficult few years. What could possibly go wrong?