UK base rates held at 0.5%
In a move that surprised absolutely no one, the Bank of England has announced today that its base rate is staying at 0.5%. This follows the nine-man Monetary Policy Committee’s
Great economic ideas explained, number 1: The trickle-down effect
Usage: Sometimes referred to as trickle-down economics, the concept is used most frequently by Conservative politicians and business leaders to explain why yawning wealth disparities are actually a good thing. The
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