- Sunak pulls the reins on net zero
- 2024 will be the year of record mortgage resets
- PPIs are signalling deflation
The iceberg that is net zero has been spotted by the government, at last. And Rishi Sunak has announced his intention to… reduce speed… but not yet to alter course. But perhaps this is just the beginning of evasive action around the world?
The housing market is already drowning in debt, with mortgages resetting to terrifyingly high interest rates thanks to the Bank of England. Perhaps it’ll have to change course soon too.
Producer price indices, which measure the cost of the inputs that businesses use to produce things, have already turned the corner. Unlike in 2021, when they signalled the inflation to come, they’re turning down and even falling in the UK and Germany.
Find out what’s really behind all this, with Nigel Farage…
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Editor, Fortune & Freedom