Chatham House reports

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Institutions are poorly prepared for “high-impact, low-probability events”

In the event of a major natural catastrophe or terrorist attack, the UK economy would suffer severe economic damage – bordering on
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Editor’s view: Report highlights need for imaginative assessment of risk and consequences

“HILP events” may sound like jargon or academic speak, but it encapsulates an important security concept: in addition to planning for
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