The US Federal Reserve or Fed, and the UK Central Bank or the Monetary Policy Committee (MPC,) both made the decision on whether to cut interest rates on the same day, although, given the time difference, it happened at different points. The US Fed cut interest rates by ½% to a range of 4.75% to …
An historic election win but big challenges loom
Even with one of the largest parliamentary majorities in its history and the Conservatives with their lowest-ever vote share, the incoming Labour administration faces a daunting task: improving UK economic growth. It knows that was why it was elected; after all, growing the economy through increased productivity was the focus of its election campaign. It …
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Building the future – how new homes could unlock economic potential
Labour Party leader, Sir Kier Starmer, recently suggested that a commitment to build more residential homes, including on green belt land, could form part of the Party’s manifesto as we head into the next election. Even the suggestion of building on green belt land is a significant departure from the two major parties’ usual rhetoric. …
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