Unstable, dangerous and uncertain: welcome to 2024

By Chloë McCulloch2024-01-17T07:01:00

The UK’s airstrikes in Yemen and the inflation risk from shipping disruption are a reminder of just how vulnerable our economy is to geopolitical events

What word best sums up 2024 so far? Uncertainty, without a doubt.

Instability in the Middle East with the Israel Hamas conflict, airstrikes in Yemen in response the Red Sea shipping crisis, deadlock in the near two-year old war Ukraine, China flexing its muscles over Taiwan’s presidential election. The list goes on.

The year has started with another reminder of just how much UK politics and the economy are at the mercy of global events. And foreign secretary David Cameron underlined the point at the weekend, saying: “It’s hard to remember a more unstable and dangerous and uncertain world. The red lights on the global dashboard are very much flashing”.

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