There's reasons to be joyful amid the gloom, says HAMISH MCRAE By Hamish Mcrae Updated: 17:01 EST, 23 December 2023 e-mail 4 View comments It’s the season to celebrate, but there is not a lot of that in the air for reasons we all know about. But should that sense of gloom apply to economics and finance as well as geopolitics? It is easy to make the case that it should. There has at best been very slow growth in the UK and Europe. Real incomes may be rising, but after a big fall earlier in the year. UK share prices have been flat, with the FTSE 100 index up just 2 per cent on the year, so well down allowing for inflation. Tax cuts:…
