The cost of living crisis is worse for many households than the great depression. The poorest and the provinces are worst hit due to increased inequality in Britain’s lopsided economy. Services reaped most of the limited benefits from European Union membership. Manufacturing suffered. Brexit is good long-term news for many, especially in red wall England.
If Truss becomes prime minister, sterling will crash By Meghnad Desai Liz Truss, the foreign secretary, is the frontrunner in the contest for the UK’s next prime minister. If she wins, and enacts her promise of immediate tax cuts, the only safe prediction is that sterling will crash.
MEETINGS Vulnerability in the euro area Monday 12 September, Roundtable Mahmood Pradhan, former deputy director of the European department at the International Monetary Fund, joins OMFIF’s Mark Sobel to discuss the challenges the European Central Bank faces and the instruments at its disposal.
ON DEMAND Policy trade-offs for retail CBDC Larissa De Lima, senior fellow at the Oliver Wyman Forum, and Erica Salinas, global technical leader for blockchain at AWS, join Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, to discuss their joint report, ‘Retail Central Bank Digital Currency: From Vision to Design’.
LATEST REPORT Sustainable Policy Institute Journal In the summer edition of the journal, contributors lay out why the ‘S’ in ESG is becoming a priority for investors and why social and human rights issues are taking centre stage.
