Labour's plans are not a quick fix for UK economy

Quick Summary:

It will take well into next year before we see any impact on economic growth from these plans.

In fact, the primary piece of legislation announced by His Majesty is to promote “economic stability”.This is noteworthy.

The “Budget Responsibility Bill”, for example, is an elaborate way of saying there will never be another disastrous Liz Truss mini-Budget moment.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Business

Markets: United Kingdom

Topics: Does Economy Growth Plans Stability Boost Policy Chancellor Announced Truss Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 12:36:47 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 484 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 21664567

View Article Analysis

About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 6 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 16 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

Publisher Details

Frequently Asked Questions