In this year’s key elections, Britain will hold the most important elections this week, but it’s only open to hundreds of Westminster backbench lawmakers. It is a vote to renew the 1922 Committee, which is the governing body of the Conservative Party.
The first task of a new group of 18 Backbench Tories after the referendum on Monday is to agree to the election rules of their party’s new leader (ie, the British Prime Minister).this is Completed by September.. MP clutch already I threw their hat into the ringHowever, according to the FT parliamentary team, these could be narrowed down to two candidate lists within a few days.
The schedule for deciding on a new prime minister is important and serious, with UK inflation being the highest in the G7 and growth expected to be the slowest (if any) next year. According to the IMF..There is an important need for Competent person To guide the country throughout the period before the people decide the government again through the general election.
Also, the dissatisfied British summer continues. If anything, it is gaining momentum.Criminal law barristers will leave again on Monday for the reasons explained in this article. From a legal insider. Further train issues lie in the Union Aslef, which represents train drivers, and the TSSA card, which represents more than 6,000 Network Rail staff. Voting for strikes.. And on Friday, another debate over low wages, unmanageable workload, and professional respect concludes the industrial action ballot for colleges and college members.This can lead to Further confusion After this long and hot summer of anxiety, for students of British universities and colleges.
It’s been a busy week for China and the UK GDP data, in addition to releasing important economic data, including inflation rates in the United States, the United Kingdom, France and Germany (perhaps giving an indicator of whether rising living costs are approaching their peak).
The Federal Reserve Board publishes the latest beige book on the current state of the US economy, and the interest rate setting committees of central banks in New Zealand and South Korea can raise their respective interest rates by 50 basis points. Croatia is also accepted as the latest member of the Eurozone group.
US banks have begun their US earnings season this week and bumper results are expected thanks to the Fed’s rate hikes.Analysts are expecting JPMorgan Chase, Bank of America When Citigroup See growth in net interest income, the difference between what banks pay depositors and what banks get from loans and other assets.
Great fear is recession. Banks are usually the stocks that have been hit hardest during a recession. In the event of trouble, pressure will be placed on increasing capital reserves in case existing loans deteriorate.
Read the calendar one week ahead here