FT Editor Roula Khalaf curates Unlock the Editor’s Digest, featuring Chancellor Rachel Reeves’ plans to boost UK economy growth through planning reforms, Oxford-Cambridge growth corridor revival, and industrial strategy focus. Reeves’ pro-growth stance, supported by Starmer’s deregulation promises, aims to overcome barriers to investment and stimulate economic expansion. However, opposition from environmental groups, concerns over airport expansions, and potential backlash from Labour MPs highlight challenges in balancing economic growth with environmental sustainability and public welfare.
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Bitcoin, Ethereum, and Dogecoin Soar as "Risk On" Trade Continues
Investors are actively buying risk assets, including growth stocks, tech stocks, and cryptocurrencies, with Bitcoin (BTC) rising 2.9%, Ethereum (ETH) 5.1%, and Dogecoin (DOGE) 6.2% due to positive macroeconomic news, particularly expectations of de-escalation in the U.S.-China trade war. Bitcoin has shown to be a risk asset rather than a hedge, while Ethereum and Dogecoin face uncertainty regarding their long-term value, especially as Ethereum struggles with transaction costs and Dogecoin lacks fundamental use cases. Overall,...
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