As expected, the Bank of England left interest rates on hold at its November quarterly meeting. Three members were still calling for rate hikes of a ¼ of one per cent even though the Bank of England lowered its forecast for GDP growth in 2024 from half a per cent to zero and its forecast …
Save the market economy – save the world
Jeremy Corbyn – the former leader of the Labour party now led by Keir Starmer – was quoted as saying a few months ago that he felt vindicated in the spending pledges he made in the December 2019 General Election and that, with better timing and luck, he could have won it. The reason for …