The Observer view on trade relations: Closer ties with the EU is the lever for economic growth | Observer editorial
Briefly

from www.theguardian.com2 months ago
The new figures indicating a mere 0.1% growth in the economy during the last quarter starkly contradict Labour's pledge, highlighting significant challenges ahead.
www.theguardian.comhttps://www.theguardian.com/commentisfree/2024/nov/16/the-observer-view-on-trade-relations-closer-ties-with-eu-is-the-lever-for-economic-growth
With disposable income per person anticipated to grow by only 0.5% annually, Labour's goal for rapid economic growth faces daunting obstacles, prompting concerns for the party's future.
www.theguardian.comhttps://www.theguardian.com/commentisfree/2024/nov/16/the-observer-view-on-trade-relations-closer-ties-with-eu-is-the-lever-for-economic-growth
The experience of recent US elections serves as a reminder that voters may exact punishment on centre-left governments that fail to improve living standards effectively.
www.theguardian.comhttps://www.theguardian.com/commentisfree/2024/nov/16/the-observer-view-on-trade-relations-closer-ties-with-eu-is-the-lever-for-economic-growth
Labour's strategy also needs to consider closer alignment with the EU, as reduced trading barriers could serve as a straightforward method to stimulate productivity and investment.
www.theguardian.comhttps://www.theguardian.com/commentisfree/2024/nov/16/the-observer-view-on-trade-relations-closer-ties-with-eu-is-the-lever-for-economic-growth
Read at www.theguardian.com
#economy #labour-party #sustainable-growth #uk-politics #economic-challenges
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