Public finance, Economic policy, Economic growth (GDP), Economic recovery, Economics, Society, Politics, Business, UK news, Rachel Reeves, Labour, Government borrowing, Budget, Autumn budget 2024, Budget deficit, Bonds, Infrastructure, Productivity, Financial sector, Banking, Investing, Gilts, Interest rates, Bank of England, Inflation Business | The Guardian
Finance is now master, not the servant – what is key is securing its approval to bring in investment while diluting its often malign influencePrivate equity barons lean on Reeves to dilute proposals for higher taxesTax wealth and value public assets: how Reeves can meet her challengesThe economic challenge facing Labour is enormous. But it is also straightforward: Britain has experienced a prolonged period of weak growth, public services have been starved of cash and are struggling, and the state of the country’s infrastructure is a disgrace.The government is holding a global investment summit in London on Monday, yet for all the hype this is unlikely to prove a gamechanger. Business investment in the UK is the lowest in the G7 and has had for 24 of the past 30 years. Conclusion: the government needs to invest – and invest big – to mend, grow and future-proof the economy. Continue reading…
Finance is now master, not the servant – what is key is securing its approval to bring in investment while diluting its often malign influence
Private equity barons lean on Reeves to dilute proposals for higher taxesTax wealth and value public assets: how Reeves can meet her challenges
The economic challenge facing Labour is enormous. But it is also straightforward: Britain has experienced a prolonged period of weak growth, public services have been starved of cash and are struggling, and the state of the country’s infrastructure is a disgrace.
The government is holding a global investment summit in London on Monday, yet for all the hype this is unlikely to prove a gamechanger. Business investment in the UK is the lowest in the G7 and has had for 24 of the past 30 years. Conclusion: the government needs to invest – and invest big – to mend, grow and future-proof the economy.
