Labour Calls for Rethinking Bank of England's Role to Drive Economic Growth
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#3e871df2 ver:0.15

Labour calls for rethinking Bank of England's role to drive economic growth. Critics highlight deficiencies in forecasting abilities and staff allocation. Former chief economist urges reconsideration of interest rates. Former MPC members and economists urge end to hawkish stance. Bank of England plans upgrade program for economic forecasting. UK retail sector struggles with closures and insolvencies. Oil prices expected to rise, impacting inflation and growth. FTSE100 reaches new high, reflecting optimism. UK market not shrinking despite decline in IPOs. Challenges remain for electric vehicle market. Labour donor suggests changing Bank's role to focus on competitive pound for growth. #BankofEngland #economicgrowth #interestrates #forecasting #retailsector #oilprices #FTSE100 #electricvehicles #Labour #competitivepound...

#newstr #BankOfEngland #LabourParty #EconomicGrowth #Inflation #Competitiveness 

 https://here.news/story/3e871df2?ver=0.15