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CEO Insights: Welsh Economic Outlook

CEO Insights: Welsh Economic Outlook

The main challenge when trying to piece together a picture on the state of the Welsh economy is the lag time between national and regional data being available. In May the ONS published its latest regional GDP data covering up to September 2022.  That data paints a...
CEO Insights: Welsh Economic Outlook

CEO Insights: Should We Be Worried About Recent US Bank Failures?

The short answer is no, and yes.

Should we be worried that recent US bank failures spill over into the UK banking sector? No.  The recent failures have highlighted that although the US banking regulators have significantly tightened regulation around large systemic banks, the likes of JP Morgan, they have left a significant gap in the regulation and stress testing of smaller regional banks