Economic Impacts of the War in Ukraine on the UK: Analysis and Responses

Contemporary
Business Environment

EXECUTIVE SUMMARY
The world economy, which is only just beginning to emerge from the hardship of the
coronavirus outbreak, will apparently be significantly impacted by the continuing confrontation
involving Russia and Ukraine war crisis. Through the enumeration of the significant impact of such
an issue, this essay will thereby highlight the spill-over effects upon the economy of UK. The
repercussions in regards to the financial aspects will determine the actual position of trade thereby.
The elucidation of suitable ramifications will also prove to be an aid to connote the actions that can

Table of Contents
INTRODUCTION.........................................................................................................................4
Discussion and Analysis............................................................................................................4
Economic Impacts of the War in Ukraine on the UK..................................................................4
Major Recommended Economic Responses of the UK’s Government and their Implications. .5
Major Responses of the Bank of England and Their Implications to the UK’s Economy..........7
CONCLUSION..............................................................................................................................8
REFERENCES..............................................................................................................................9