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3rd Jul 2024 20:06UKWeekly Monitor

  • Keir Starmers’ huge majority will allow him to quickly enact supply side reforms, starting with planning.
  • We expect an Autumn Budget to boost government borrowing £10-£20B a year.
  • The MPC will still cut rates in September, but they will reduce rates only gradually after that.

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Keywords for: 8 July 2024 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence