The U.K.’s Office for National Statistics reported that Britain’s economy saw 0% growth in the third quarter of 2024, down from a preliminary estimate of 0.1%. This data, along with recent weak economic figures and concerns over the Labour government’s fiscal strategy, has led to questions about the country’s economic outlook. The Bank of England held interest rates steady at 4.75%, despite expectations of a rate cut, as inflation rose to 2.6% in November following the government’s announcement of a £40 billion tax increase in its first budget.
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Texas governor outpacing Newsom in disaster response despite Dem mutiny slowing progress
Texas Governor Greg Abbott has quickly distributed $25,000 relief checks to over 60 families affected by recent catastrophic floods, aided by country music star George Strait, contrasting with the slower response to California's wildfire relief efforts. Abbott emphasized the need for prompt assistance to ensure funds reach those most impacted, highlighting Texas's effective relief operation just weeks after the disaster. Want More Context? 🔎
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