There is only one real way to properly calm the markets - the Prime Minister and the Chancellor need to reverse the unfunded tax cuts they announced
Bank of England criticism is unfair – Brexit has made it near impossible to avoid this financial crisis
The recent weakness of the pound should have been a big boost for exporters, but the difficulties created by the Government’s so-called “oven-ready deal” that we heard so much about at the time of the 2019 General Election has created huge obstacles for exporters which they have struggled to overcome.it announced that it was reversing its recent decision
Changes made by the last Labour government meant that companies had to include pension deficits on their balance sheets. This led to the decision to close those defined benefit schemes and move employees to defined contribution schemes, where the risk of falls in asset values were moved from the company to the employee.
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