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UK economy
Trends
- 1UK and Europe Push New Space Policy and Industrial Strategy●Recent Developments in UK and European Space Policy and Industrial Strategy
Fresh developments in UK and European space policy and industrial strategy are drawing attention, as governments across the region work to strengthen their space sectors. The discussion centres on how regulation, funding and industrial planning are being reshaped to keep Britain and Europe competitive in the growing global space economy, though specific measures are not yet detailed.
- 2Bank of England's Ramsden warns rates may need to rise●Bank of England's Ramsden says rates may need to rise if inflation pressures build
Bank of England Deputy Governor Dave Ramsden said interest rates may need to increase further if inflationary pressures in the UK economy persist or build. The remarks signal that the central bank remains ready to tighten monetary policy despite signs of cooling price growth, and will keep a close watch on incoming economic data before deciding its next move.