Pantheon Macroeconomics

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31st May 2023 15:02U.K., Daily Monitor

  • Capex rose in Q1, but this increase was partly due to the super-deduction policy, which ended in March.
  • Businesses look set to reduce capex in Q2; the new capital allowance policy was announced too late...
  • ...And corporates are particularly exposed to rising interest rates because most loans are floating rate.

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Keywords for: 1 June 2023 UK Monitor

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