Hetal Mehta

Senior European Economist

Over the years, Hetal has completed her fair share of interviews and presentations on her latest economic views. However, in order to be seen, she’s racked up quite a collection of heels – there were apparently a few occasions when she was even asked to stand on a box... Given the excitement of keeping tabs on [insert latest European country]-xit, Hetal likes to catch up on sleep and escape to the continent for some European sun.

Posts by Hetal Mehta

Economics

The Brexit vote: one year on…

A week is a long time in politics, as Harold Wilson famously said. So one can only imagine what he would have made of the past year in which the UK has voted for Brexit, changed Prime Minister, triggered Article 50 and held a general election. And while the political saga has been going on, the effects on the UK economy are only just starting to appear.

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Economics

Hung parliament – Minority Report

In a surprising result, the general election has ended in a hung parliament. At the time of writing, the Conservative party has won approximately 318 seats. Labour is at 261, the SNP 35, the Liberal Democrats 12 and the DUP 10. UKIP did not win any seats.

 

When Theresa May called the snap election in mid-April it was hers to lose, with the Conservatives leading Labour in the polls by around 20 percentage points – the highest since the early 1980s – which could have yielded a majority of circa 100 seats.

 

In the event, the gamble has failed to pay off, and the governance of the country hangs in the balance.

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Economics

Draghiing it out

Now that the French Presidential elections are out of the way and investors are less concerned about euro area political risks, focus has turned to the next major ‘event’ - what is the ECB is going to do?

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Macrobites

Le Pen is mightier than the sword, but not Emmanuel Macron

In a largely anticipated result, Emmanuel Macron has won the French presidential election. The contest has been one of the most closely watched political and market-relevant events in Europe, and the most hotly contested French election in recent history. But with a winning margin of 66% vs Marine Le Pen’s 34%, Macron’s victory is decisive. Turnout was low by French standards at 74%.

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Macrobites

Knowing me, knowing EU

Nine months on from the EU referendum in June last year, and the UK is formally triggering Article 50. So how are the Brexit negotiations shaping up? Will the UK get the deal that it wants or is it going to be more like the Battle of Waterloo?

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Economics

Small beer

Skip to the third minute to hear my thoughts ahead of the UK Chancellor’s first Budget. We didn’t expect much in terms of stimulus, with the Chancellor choosing to keep his powder dry for any Brexit-related downturn in the future.

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Economics

Hammond’s first Autumn Statement…*

Ahead of the Autumn Statement, media reports were circulating that the Prime Minister wanted it to be a “deadly dull” affair; in the end it wasn’t far off. The growth downgrade was predictable, the borrowing upward revisions were as expected and many of the measures had already been announced ahead of time. So you may be wondering: why I am even writing a blog post? Well, there are still a few things worth highlighting.

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