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Stagflation is coming as Labour takes us back to the 1970s

By Yahoo! Finance   |   Nov 21, 2024 at 01:13 AM EST
Stagflation is coming as Labour takes us back to the 1970s

The Labour Government's policies are reminiscent of the 1970s, with rising inflation and stagnant growth echoing past challenges. The focus on public sector spending lacks reforms needed to stimulate the economy, risking a return to stagflation, hindering economic progress.

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