January is always a time for new beginnings and fresh thinking. But with Donald Trump heading for the White House and a new(ish) Labour government in charge of a faltering UK economy, the onset of 2025 seems especially portentous.
Forecasting is a mug’s game, as former Bank of England governor Mervyn King used to say about predicting exchange rates; but here are some of the big economic questions to ponder, as the new year gets under way:
