Sir Keir Starmer faced Kemi Badenoch at PMQs following a surprise fall in inflation, boosting chancellor Rachel Reeves. Inflation dropped to 2.5%, leading to speculation of a Bank of England interest rate cut in February, easing government bond market turbulence. Treasury minister Darren Jones dismissed emergency budget talk, stating there will only be one major fiscal event per year.
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Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Germany’s economic growth has declined for a second year in a row, with manufacturing and construction sectors particularly affected by competition and rising costs. The upcoming election is focusing on how to revive the economy, with a strong emphasis on economic reform and investment. Proposals include reviving industry, investing in infrastructure, lowering energy prices, and cutting taxes to stimulate growth and competitiveness in the country. Full Article
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