The UK's economic plan is getting a shake-up. Prime Minister Keir Starmer is taking a more hands-on approach. He's put together a new team to guide economic policy. This group includes key players from Downing Street and the Treasury. Their main goals? Boost growth and keep good ties with businesses. This is all happening before a big budget announcement in the fall.

The team is led by two co-chairs. One is Starmer's new economic advisor, Minouche Shafik. The other is Treasury minister Torsten Bell. They're joined by Starmer's chief of staff, Morgan McSweeney, and his new communications chief, Tim Allan. This group is expected to work closely together.

Why is this important? Well, the UK's economy has faced some tough times lately. This new board shows that Starmer is serious about making changes. But will it be enough? Only time will tell. The team has a lot on their plate. They need to come up with ideas that will actually make a difference.

Critics might wonder if this is just a lot of talk. After all, forming a new board doesn't guarantee results. But for now, it's a step towards a more coordinated approach to economic policy. The real test will be in the coming months. Will this team deliver? Or will it just be another government initiative that fades away?

UK ECONOMIC POLICY

UK's Economic Strategy Gets a New Team

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