Pantheon Macroeconomics
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19th Aug 2022 08:57U.K., Daily Monitor, Weekly Monitor
Retail sales edged up in July and will benefit in August from Cost of Living grants and the NI threshold hike.
October's energy bill increase will hit real incomes by nearly 4pp; current grants will offset only half that hit...
...But the next PM likely will beef up and extend the current grants sufficiently to prevent a recession.
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