High interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe. So far, ongoing projects and a heightened focus on sustainability have prevented construction volumes from shrinking, but we’re expecting to see a steep decline begin to emerge in 2024
Austerity
Bill Mitchell: The fundamental realignment of British society via fiscal austerity
Mitchell ‘s conclusion: “It is almost inconceivable that an advanced nation could tolerate the sort of changes that have been occurring in Britain over the last 8 years or so.” Read here
Economics
CNN: Pound plummets to all-time low against dollar
Even the markets cannot oversee the Tory plundering of Britain and the consequences it will have. Read Here
Climate Crisis
Transport & Environment: Trucks still breaking EU’s legal emission limits in on-road tests
Automotive industry opposition to new emission standard could lead to thousands of avoidable premature deaths. Read here
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