75. Bank of England Economist: Interest rates must be cut
The Rest Is Money
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UK Economic Situation Analysis and Risks
Discussion on the current economic landscape in the UK post new government announcement, focusing on growth strategies, potential tax rises, investment impacts, advantages for businesses, sectors in transformation, and various economic aspects including housing policy and growth forecasts. The chapter also touches on government reliance on growth forecasts, housing demand impact, and potential shocks in the financial system due to government bond selling, with efficient actions taken by the Bank of England for stability.
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