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UK Statistics Office Forced to Slash Data Collection to Focus on Core Economic Figures

Funding Crisis: UK Statistics Office Forced to Slash Data Collection to Focus on Core Economic Figures

The UK’s Office for National Statistics (ONS) will cut back some data publications. The agency faces major funding pressure and concerns about data quality. ONS officials called this decision a “tough choice.” They plan to concentrate resources on key economic and population data. The statistics office currently produces a vast amount of information. This data…

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Shadow Chancellor Reeves Prioritizes Low Inflation for Future Spending Power

Shadow Chancellor Reeves Prioritizes Low Inflation for Future Spending Power

Shadow Chancellor Rachel Reeves is focusing on fiscal discipline for the UK budget. She believes controlling inflation is key to economic success. Reeves says keeping prices stable creates a reward. This reward is future room for important public spending. The UK’s economic reputation needs rebuilding. Reeves plans to restore stability through tight spending rules. She…

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Top Fund Managers Urge Bank of England to Halt Gilt Sales Amid Market Strain

Top Fund Managers Urge Bank of England to Halt Gilt Sales Amid Market Strain

Leading fund managers controlling over $1.5 trillion in assets are pressing the Bank of England (BoE) to pause its bond-selling program, warning that continued gilt sales are worsening market instability and adding billions to taxpayer costs. The BoE began offloading its £875 billion bond portfolio—built up during years of quantitative easing—but investors say the aggressive…

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