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Some of the world’s leading economic authorities have warned that central banks face the most challenging economic landscape for decades, the Financial Times reports. The paper says that, at a gathering in Wyoming, officials including the president of the World Bank said the global economy was entering a new era in which the usual policy tools would be ill-suited to tackling inflation.

Financial Times Front Page 31st of October 2024

The Chancellor has introduced a £40 billion increase in taxes to address financial challenges and public service issues, with the majority of the fiscal responsibility falling on businesses and the wealthy, while also significantly increasing borrowing to fund £100 billion in capital expenditure.

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