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UK govt task force to be headed by Haldane

UK govt task force to be headed by Haldane

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Global Business Review Magazine
Saturday, April 1, 2023
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UK govt task force to be headed by Haldane

UK govt task force to be headed by Haldane

Former Bank of England Chief Economist Andy Haldane is appointed as the head of a British government taskforce. The government says that this taskforce is aimed at tackling regional inequality. Tackling economic inequality across the country was one of Prime Minister Boris Johnson’s central pledges. Haldane will be a permanent secretary in the Cabinet Office. This drives the implementation of policy. He joins on a six-month secondment from the Royal Society of Arts, Manufactures and Commerce.

Johnson said in a statement that Andy is uniquely qualified to lead their efforts to raise living standards, spread opportunity, improve their public services and restore people’s sense of pride in their communities. The government said that it was renaming the Housing, Communities and Local Government ministry. Michael Gove is heading this up. Haldane will head the new Levelling up Taskforce, which will report jointly to Johnson and Gove.

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Haldane also stated that levelling up the UK is one of the signature challenges of their time. It has also been a personal passion throughout his career, as per his statement. He looks forward to working with colleagues across government, local and national, and with the private and voluntary sectors. This is to design and deliver an economy that works for every part of the UK.

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BYD, a Chinese EV manufacturer, approaches the United States with caution

BYD, a Chinese EV manufacturer, approaches the United States with caution

BOJ resists market expectations for policy changes, pushing the currency down

BOJ resists market expectations for policy changes, pushing the currency down

Data shows that US inflation cooling

Household wealth anticipation has declined, claim by global poll

Support measures push Japanese corporate bankruptcies to 50 year low

How is the bond yield controlled in Japan?

BOJ’s Kuroda signals readiness to extend pandemic-aid scheme

Policy takes the u-turn; BoJ’s yield curve may slip

Asia shares falls on worries over inflation, Fed outlook

Stocks are calm ahead of a possible CPI hurricane

Global Business Review Magazine

Global Business Review is a online print magazine focusing on the updates and information about on emerging markets, Finance, Banking, Technology. Global Business Review provides news, features, analysis, commentary, and interviews from industry across the globe.

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  • BYD, a Chinese EV manufacturer, approaches the United States with caution
  • BOJ resists market expectations for policy changes, pushing the currency down
  • Household wealth anticipation has declined, claim by global poll
  • How is the bond yield controlled in Japan?
  • Policy takes the u-turn; BoJ’s yield curve may slip

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