Rocco Forte: Middle East tourism ‘could increase’ after ceasefire Hospitality Tourism volumes to the Middle East could increase after a ceasefire in the region if the US and Israel topple the Iranian regime, Sir Rocco Forte has said as he doubled down on investment plans in the region despite an exodus of visitors. The billionaire hotel magnate, whose eponymous Rocco Forte Hotels is part-owned by [...]
UK government investment boosts growth more than private sector, study finds Investing UK government investment is extremely efficient at boosting growth in the economy, despite results varying wildly across the globe, a new study has claimed. Every additional pound the government invests in the UK economy turns into £9.30 of additional output after 20 years, according to research from the University of Lisbon. This return, which averages [...]
Reeves fiscal rule change puts economy in danger of ‘crumbling’, City analyst warns Economics "Tinkering with the definition of borrowing could be a big, if temporary, win," Nick Winters, a partner at Blick Rothenburg said.
Autumn Budget 2024: Chancellor confirms she will reform fiscal rules October 24, 2024 "Sustainable growth does not come from short-termism," the Chancellor argued. "It comes from a responsible, long-term plan to invest in the future".
Rachel Reeves gives clear signal that public investment will increase October 24, 2024 "Our upcoming Budget will be a reset for our economy as we invest in the foundations of future growth," she will say at the International Monetary Fund's (IMF) latest annual meeting.
Why do economists think public investment is good for growth? October 19, 2024 As the Budget approaches it seems clear that the government is preparing to ramp up public investment.
Labour’s public investment quandary September 23, 2024 Many economists think low levels of investment have contributed to the UK's sluggish productivity growth, particularly since the financial crisis.
Yes, the UK needs more investment – just not necessarily by government September 17, 2024 After all, the public sector isn't always best suited to overseeing large scale investment projects like the disastrous HS2, writes Julian Jessop