As we near the end of 2024, the UK economy has been shaped by significant political and economic events. The recent US elections, which saw a Republican-controlled House and Presidency, have added some uncertainty to global markets. This could affect the UK regarding trade and investment flows, especially if Trump imposes the rumoured trade tariffs in a significant policy shift from the Democratic party.
Here at home, the new Labour government has rolled out several reforms aimed at boosting economic growth and tackling social inequalities.
They’ve ramped up public spending, are in the process of reforming employment rights, and are pushing for more green energy and infrastructure projects…