The Cornerstone Blog

Just like death and taxes, new government initiatives to spur economic growth are inevitable. Sometimes they are revolutionary, truly transformative programmes and sometimes they’re quietly shelved never to be spoken off again. As part of the current government’s ‘levelling up’ agenda, the creation of several new Freeports has been announced. According to the government’s website: […]

By the time the breakfast TV shows went live on the morning of 24th June 2016, it looked like all the worst Brexit predictions were coming true. The Pound seemed to be in free-fall, it lost 8% of its value against the Euro in that one day. At the height of the Brexit negotiations, the […]

Without a doubt the last 15 or so years have been a rough time for all the major economies of the world. From the Global Recession to COVID-19, it’s been a rollercoaster of a ride. Turkey however has had one of the most turbulent times of all. For a long time, Turkey has been a […]

(It’s been another great year for Renminbi) Doing well: Chinese Yuan It has been a really strong year for the Renminbi. Starting off the year at over 9 CNY to 1 GBP, the Chinese Yuan (CNY) has outperformed the pound. Over the course of the year, we have seen rates as low as 8.1. As […]

(New Chancellor Olaf Scholz) Last Wednesday marked the end of an era in Germany. Not only did Angela Merkel end her tenure as Chancellor but also for the first time in 16 years, the conservatives (CDU) are no longer in government. The new government is a mix of both continuity and change. Olaf Scholz, the […]