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Navigating Economic Complexity: Diversity and Borrowing Costs
This chapter explores the critical role of diverse perspectives in organizational decision-making and its effect on business performance. It examines the challenges small businesses face amid rising borrowing costs and declining confidence in the UK, while contrasting the UK's fiscal strategies with trends in other regions. Additionally, the discussion includes the Bank of England's independence and its implications for interest rates, emphasizing the need for adaptive strategies to foster economic resilience.