New government, new policies, old problems
If the UK can sustain growth of 1.3 per cent over the next five years, the economy will be 7 per cent bigger in five years
If the UK can sustain growth of 1.3 per cent over the next five years, the economy will be 7 per cent bigger in five years
Government bond yields have risen sharply in line with central bank rates but yield curves are falling. Something doesn’t add up.
The more you tell markets they have nothing to fear, the less they will believe you.
The world is better placed to deal with disruption to energy supply than in the past, but our systems are by no means perfect.
A big task for the Bank of England’s over the next few years will be resisting political pressure to impose quicker, more drastic cuts.
On this side of the Atlantic, there is a very real threat of knock-on effects.
Britain’s worklessness crisis has been laid bare as the UK’s economic inactivity rate surpasses 21 cent.
Ironically, data showing the UK has finally slipped into recession comes just as the economic outlook has brightened.
Public sector bureaucracy grows every day and nobody knows what to do about it.
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