Reynolds and economists warn of trade impact of US tariffs Politics The business secretary has warned of a “significant moment for global trade” and predicted a “difficult conversation” with the US lies ahead, as economists predict a £20bn blow to Britain’s economy from Donald Trump’s tariff plans. Jonathan Reynolds warned the UK should avoid “speculating on how we should respond before there is something to respond [...]
Rachel Reeves’s investment cuts ‘concerning’ and send a ‘worrying signal’ says think tank Economics In its latest set of forecasts, the National Institute for Economic and Social Research (NIESR) warned that the new government would fall well short of its growth target unless it lifted public investment.
Jagjit Chadha: Why investment is necessary to stop the economy from ‘withering’ Economics Report after report has found that the UK invests too little as a share of national income, often lagging behind other rich economies.
‘Anaemic’ UK growth means Hunt will fail to meet fiscal rules, think tank warns May 9, 2024 The UK will suffer from "anaemic" growth for the foreseeable future meaning the government will fail to meet its fiscal rules, new forecasts suggest.