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Next Round
Dale McDermott & David W. Higgins
14| New UK government – challenges for growth. French election quagmire. Ireland’s Inheritance Tax Debate.
42 minutes Posted Jul 10, 2024 at 10:27 am.
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After years of political uncertainty, the UK has decisively voted in a new Labour government with a supermajority. We delve into the election results and scrutinise the First Past the Post voting system—has it outlived its usefulness? The new administration hit the ground running, but decades of historically low investment present significant economic challenges for the new Chancellor, Rachel Reeves. Meanwhile, France's recent elections yielded no clear winner, marked by a resounding defeat for Macron and a surge in Far-Right support. We examine the current political landscape in France. Additionally, Ireland's Summer Economic Statement outlines the budget parameters for an €8.3 billion package, we look at potential changes to inheritance tax.



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