Demand inflation
Demand inflation occurs when aggregate demand is greater than aggregate supply at, or near, the full employment level. Anything that increases the components of aggregate demand will lead to demand inflation.
Gove confirms mandatory housebuilding targets for councils will be abolished in face of Tory rebellion – UK politics live
Levelling up secretary confirms government will change levelling up bill after number of Tory MPs tabled rebel amendment Starmer is now taking questions. Q: [Beth Rigby from Sky] When people are struggling with the cost of living, you are talking about constitutional issues. This might look to people as if you are out of touch. Are you talking to Westminster about stuff that won’t happen. What in this will improve people’s lives from day one of a Labour government? When you come to the next election, it may be that the Scottish National party will have a one-line manifesto and want a one-issue general election. But we have done a huge amount of research on Scottish public opinion and people want a better health service immediately, people want living standards improved immediately, people want jobs for young people immediately, people want better housing immediately and people of course want change in the way that we are suggesting immediately. People up and down this country are cryin...
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