@michaelgasiorek.bsky.social

Much to be welcomed in the UK-EU reset. Not perfect but a positive step forward. The tricky tightrope of balancing the politics and economics has been largely managed. Walking a tightrope in tandem is a tricky business. Good to see the moves towards closer linkage of ETS, CBAM &energy markets.

As is often remarked upon - the UK is primarily a services economy, and services account for at least 50% of UK exports. See our latest discussion note, following a joint roundtable with the Resolution Foundation, on services trade with recommendations for the government's trade strategy.