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View Full Version : Britain Must Overhaul Its Macroeconomic Policy To Avoid Decades Of Rising Debt Or Aus



NewsBot
20-Oct-23, 12:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Britain Must Overhaul Its Macroeconomic Policy To Avoid Decades Of Rising Debt Or Austerity




Britain's macroeconomic policy framework is largely unchanged since the 1990s, and now needs an overhaul to tackle the risk of an unsustainable ratcheting up of debt that will hamper its ability to respond to economic shocks or fund public services, the Resolution Foundation said on Thursday 19 October 2023. Built to last - the 46th report from The Economy 2030 Inquiry, funded by the Nuffield Foundation - notes that several ‘once-in-a-lifetime' economic crises over the past 15 years, coupled with weak growth in between, has left the UK with fast rising debt levels. [Read Full Article (https://caithness-business.co.uk/article/21663)]