Monetary policy
·
Macroeconomic policy

What goes down must come up

The Bank of England becomes the first major central bank to raise rates but impact will be small with fiscal policy key to Omicron response

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…recent months has been very positive with the success of the Government’s furlough scheme limiting the impact of the pandemic in terms of rising overall unemployment. Unemployment has repeatedly surprised…

The Winter (Economy Plan) is coming

Chancellor ramps economic support back up, but avoidable design flaws will limit its success in stemming the Autumn rise in unemployment

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…existing partial furlough policy. Where firms choose to use it, this will provide very significant income protection for workers that employers bring back for more than a third, but less…

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