UK growth forecast upgraded The International Monetary Fund (IMF) has sharply increased this year’s growth forecast for the UK, although recent data does suggest the country’s strong economic rebound has begun to slow down. In its latest assessment of global economic prospects, the IMF highlighted a worrying divergence in fortunes between rich and poor nations, […]
Building Safety Bill published Claiming “the biggest changes to building safety in nearly 40 years’’, Housing Secretary, Robert Jenrick, said that the Building Safety Bill will set out a clear pathway for the future as to how residential buildings should be constructed and maintained. The Bill was published on 5 July to set out new […]
MPC maintains monetary stance Following its latest meeting held on 22 June, the Monetary Policy Committee (MPC) judged that the existing monetary stance remains appropriate, despite inflation rising above the Bank of England’s target level. Data released last month by the Office for National Statistics (ONS) showed the Consumer Prices Index (CPI) 12-month rate – […]
