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#economicperformance

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Bytes Europe

UK chancellor will double down despite growing opposition – POLITICO byteseu.com/860793/ #BritishPolitics #Budget #Debt #EconomicGovernance #EconomicPerformance #FiscalMeasures #Germany #GreatBritain #Growth #Inflation #InterestRates #KeirStarmer #RachelReeves #Stability #Tax #UKBudget #UnitedKingdom #welfare

Bytes Europe · UK chancellor will double down despite growing opposition – POLITICOFurthermore, in an unwanted backdrop to Wednesday’s upcoming statement, the U.K.’s GDP fell by 0.1 percent in January, down from a rise of 0.4 percent in December. And government officials expect the Office for Budget Responsibility to downgrade its forecast of 2 percent growth this year to around 1 percent. This means financial markets are watching Reeves closely. The wobble that saw government borrowing costs rise in January (before falling back down) was a sign the chancellor still has to prove her mettle. She thus wants to take immediate action on Wednesday, showing her “ironclad” rules are still “nonnegotiable” and
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iamBullivant

Ranking the world's most competitive countries. TL;DR: Ireland is the second most competitive economy in the world. And Brexit Britain after it has thrown off the shackles of EU vassalage and let loose it's animal spirits? Not even in the top twenty. Let that sink in.

visualcapitalist.com/cp/compet

Visual CapitalistRanked: The World’s Most Competitive Countries (2019-2023)What are the most competitive countries when it comes to business? This visual highlights the top 20 economies over the last five years.
#EconomicPerformance#Ireland#Britain
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