June 17, 2024 1:05 PM
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Economic_Research@ntrs.com
Economic Commentary: U.K. Elections, Mining, Employment Reports
Weekly economic updates from Northern Trust concerning British elections, mining impacts, and employment data.
Can the new British government unlock better days ahead? Jun 17, 2024 Weekly Economic Commentary Vaibhav Tandan Britain Goes To The Ballot Box The health of the British economy is top of mind for voters in this election.
June 17, 2024 1:05 PM
-
Economic_Research@ntrs.com
Economic Commentary: U.K. Elections, Mining, Employment Reports
Weekly economic updates from Northern Trust concerning British elections, mining impacts, and employment data.
Can the new British government unlock better days ahead? Jun 17, 2024 Weekly Economic Commentary Vaibhav Tandan Britain Goes To The Ballot Box The health of the British economy is top of mind for voters in this election.
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</style><div id="emailPreHeader" style="visibility:hidden; opacity:0; color:transparent; line-height:0; font-size:0px; overflow:hidden; border-width:0; display:none!important">Can the new British government unlock better days ahead?</div><table width="100%" border="0" cellspacing="0" cellpadding="0" class="em_full_wrap em_body" bgcolor="#ffffff" style="table-layout:fixed"><tbody><tr><td align="center" valign="top"><table align="center" width="600" border="0" cellspacing="0" cellpadding="0" class="em_main_table" style="width:600px; table-layout:fixed"><tbody><tr><td align="center" valign="top"><table width="600" border="0" cellspacing="0" cellpadding="0" align="center" class="em_wrapper mktoContainer" id="Template" style="width:600px"><tbody><tr class="mktoModule" id="header_logo_nt_corp3916d068-0018-42aa-9c42-1ce6c17f6c20"><td align="center" valign="top" bgcolor="#115740" class="em_dark" style="padding-top:20px; padding-bottom:10px"><table width="600" border="0" cellspacing="0" cellpadding="0" align="center" class="em_wrapper" style="width:600px"><tbody><tr><td width="40" class="em_side24" style="width:40px"> </td><td align="center" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"><tbody><tr><th align="left" valign="top" class="em_clear"><div class="mktoImg" id="img01def02ee3-8211-4584-8e7b-ede74b2042c2"><a href="#" target="_blank" style="text-decoration:none"><img src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/image_01.png" width="200" border="0" alt="NORTHERN TRUST" style="display:block; font-family:Verdana,Geneva,sans-serif; font-size:12px; line-height:15px; color:#000000; max-width:200px"></a> </div></th><th width="68" class="em_clear" style="width:68px"> </th><th align="right" valign="middle" class="em_clear"><table align="right" class="em_wrapper" width="252" border="0" cellspacing="0" cellpadding="0" style="width:252px"><tbody><tr><td align="right" valign="middle" class="em_left em_ptop5 em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:14px; line-height:22px; font-weight:500; letter-spacing:2px; color:#FFFFFF; text-transform:uppercase"><div class="mktoText" id="text_158be2ec3-7ba9-4c04-a1b1-cf549736978d">Jun 17, 2024 </div></td></tr></tbody></table></th></tr></tbody></table></td><td width="40" class="em_side24" style="width:40px"> </td></tr></tbody></table></td></tr><tr class="mktoModule" id="headline_text_nt_corpb9d4748b-8476-4df7-a347-b7b7301f2626"><td align="center" valign="top" bgcolor="#115740" class="em_dark" style="padding-top:15px; padding-bottom:20px"><table width="600" border="0" cellspacing="0" cellpadding="0" align="center" class="em_wrapper" style="width:600px"><tbody><tr><td width="40" class="em_side24" style="width:40px"> </td><td align="center" valign="top"><table align="center" width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td align="left" class="em_txt_white" valign="middle" style="font-family:Equip,Arial,sans-serif; font-size:26px; line-height:34px; font-weight:500; color:#FFFFFF"><div class="mktoText" id="text_J1e010ac6f-2ad4-4f4c-8815-f0926af8d86f"><p>Weekly Economic Commentary<br></p></div></td></tr></tbody></table></td><td width="40" class="em_side24" style="width:40px"> </td></tr></tbody></table></td></tr><tr class="mktoModule" id="medium_article_card_left_image_right_text__button3c770792-e7f6-4a85-8dfd-97c6a4b8eb74"><td align="center" valign="top" bgcolor="#FFFFFF" class="em_dark" style="padding-top:20px; padding-bottom:15px"><table width="600" border="0" cellspacing="0" cellpadding="0" align="center" class="em_wrapper" style="width:600px"><tbody><tr><td width="40" class="em_hide" style="width:40px"> </td><td align="center" valign="top" class="em_aside24j"><table align="center" width="100%" border="0" cellspacing="0" cellpadding="0" dir="rtl"><tbody><tr><th valign="top" class="em_clear"><table align="left" class="em_wrapper" width="150" border="0" cellspacing="0" cellpadding="0" dir="ltr" style="width:150px"><tbody><tr><td align="center" valign="top" class="em_hide" style="padding-top:10px"><div class="mktoImg" id="img24afa3d009-31ab-48a9-85cc-426fc0cb4feb"><a href="#" target="_blank"><img src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/Corp-2024-06-17-London-Tower-Bridge.jpg" width="150" alt="London-Tower-Bridge" class="em_full_img" style="display:block; 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font-size:12px; line-height:20px; font-weight:500; color:#115740; text-transform:uppercase; letter-spacing:2px"><div class="mktoText" id="text_62ff4de65c-ffa2-496d-b5cd-5656aa8aab6b"><p>Vaibhav Tandan</p></div></td></tr><tr><td align="left" valign="middle" class="em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:23px; line-height:32px; font-weight:500; color:#3D4042; padding-top:12px"><div class="mktoText" id="text_63655e9ad5-9f00-4565-9a2f-00b2fe56be34"><p>Britain Goes To The Ballot Box</p></div></td></tr><tr><td align="left" valign="middle" class="em_ptop em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:14px; line-height:20px; font-weight:400; color:#3D4042; padding-top:14px"><div class="mktoText" id="text_64e5f14e21-7b71-458e-b127-99329cbf6ecd"><p>The health of the British economy is top of mind for voters in this election.</p></div></td></tr><tr><td align="left" valign="top" style="padding-top:16px"><table align="left" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td align="center" class="em_defaultlink em_txt_white em_dark" bgcolor="#115740" valign="middle" height="46" style="font-family:Equip,Arial,sans-serif; font-size:12px; height:46px; border:1px solid #3D4042; padding:0px 24px; color:#FFFFFF; letter-spacing:2.3px; font-weight:500; text-transform:uppercase"><a href="#" target="_blank" style="text-decoration:none; color:#FFFFFF; display:block; line-height:46px"><strong style="color:#FFFFFF; font-weight:normal"><strong style="color:#FFFFFF; font-weight:normal">Read Article</strong></strong></a></td></tr></tbody></table></td></tr><tr><td height="2" style="height:2px; font-size:0px; line-height:0px"><img alt="" src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/spacer.gif" height="1" width="1" border="0" style="max-height:1px; min-height:1px; display:block; max-width:1px"></td></tr></tbody></table></td></tr></tbody></table></th></tr></tbody></table></td><td width="40" class="em_hide" style="width:40px"> </td></tr></tbody></table></td></tr><tr class="mktoModule" id="medium_article_card_left_image_right_text__buttoned0055f0-6426-42a2-9890-964e167a2ff5"><td align="center" valign="top" bgcolor="#FFFFFF" class="em_dark" style="padding-top:20px; padding-bottom:15px"><table width="600" border="0" cellspacing="0" cellpadding="0" align="center" class="em_wrapper" style="width:600px"><tbody><tr><td width="40" class="em_hide" style="width:40px"> </td><td align="center" valign="top" class="em_aside24j"><table align="center" width="100%" border="0" cellspacing="0" cellpadding="0" dir="rtl"><tbody><tr><th valign="top" class="em_clear"><table align="left" class="em_wrapper" width="150" border="0" cellspacing="0" cellpadding="0" dir="ltr" style="width:150px"><tbody><tr><td align="center" valign="top" class="em_hide" style="padding-top:10px"><div class="mktoImg" id="img246db703c1-65b2-400c-8194-17cac33f6139"><a href="#" target="_blank"><img src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/Corp-2024-06-17-open-pit-mine.jpg" width="150" alt="open-pit-mine" class="em_full_img" style="display:block; font-family:Verdana,Geneva,sans-serif; font-size:12px; line-height:15px; color:#000000; max-width:150px"></a> </div></td></tr><tr><td height="0" valign="top" align="center"><div class="em_hide_desktop" style="display:none; width:0; overflow:hidden; max-height:0px!important"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"><tbody><tr><td align="center" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"><tbody><tr><th align="center" valign="top"><div class="mktoImg" id="mob_image_90fd48de7-d4a5-49f8-bad2-31d74bfbb866"><a href="#" target="_blank"><img src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/Corp-2024-06-17-open-pit-mine.jpg" width="327" alt="open-pit-mine" class="em_full_img" style="display:block; font-family:Verdana,Geneva,sans-serif; font-size:12px; line-height:15px; color:#000000; max-width:174px"></a> </div></th></tr></tbody></table></td></tr></tbody></table></div></td></tr></tbody></table></th><th width="32" class="em_hide em_clear" style="width:32px"> </th><th valign="top" class="em_clear"><table align="right" class="em_wrapper" width="338" border="0" cellspacing="0" cellpadding="0" dir="ltr" style="width:338px"><tbody><tr><td align="center" valign="top" class="em_ptop24"><table align="center" width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td align="left" valign="middle" class="em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:12px; line-height:20px; font-weight:500; color:#115740; text-transform:uppercase; letter-spacing:2px"><div class="mktoText" id="text_6268b3ae29-3b6f-46f7-aa5e-7fa9ae32d867"><p>Carl Tannenbaum</p></div></td></tr><tr><td align="left" valign="middle" class="em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:23px; line-height:32px; font-weight:500; color:#3D4042; padding-top:12px"><div class="mktoText" id="text_634ed11e55-4134-4614-a0f9-d704cd17942c"><p>Unearthing The Future</p></div></td></tr><tr><td align="left" valign="middle" class="em_ptop em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:14px; line-height:20px; font-weight:400; color:#3D4042; padding-top:14px"><div class="mktoText" id="text_64663019e3-1b8d-4b92-b0ab-45c73037a0c9"><p>Mining brings economic benefit and environmental costs.</p></div></td></tr><tr><td align="left" valign="top" style="padding-top:16px"><table align="left" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td align="center" class="em_defaultlink em_txt_white em_dark" bgcolor="#115740" valign="middle" height="46" style="font-family:Equip,Arial,sans-serif; font-size:12px; height:46px; border:1px solid #3D4042; padding:0px 24px; color:#FFFFFF; letter-spacing:2.3px; font-weight:500; text-transform:uppercase"><a href="#" target="_blank" style="text-decoration:none; color:#FFFFFF; display:block; line-height:46px"><strong style="color:#FFFFFF; font-weight:normal"><strong style="color:#FFFFFF; font-weight:normal">Read Article</strong></strong></a></td></tr></tbody></table></td></tr><tr><td height="2" style="height:2px; font-size:0px; line-height:0px"><img alt="" src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/spacer.gif" height="1" width="1" border="0" style="max-height:1px; min-height:1px; display:block; max-width:1px"></td></tr></tbody></table></td></tr></tbody></table></th></tr></tbody></table></td><td width="40" class="em_hide" style="width:40px"> </td></tr></tbody></table></td></tr><tr class="mktoModule" id="medium_article_card_left_image_right_text__button96e24042-7cc6-4931-85da-9ed9cc6960f5"><td align="center" valign="top" bgcolor="#FFFFFF" class="em_dark" style="padding-top:20px; 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width:0; overflow:hidden; max-height:0px!important"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"><tbody><tr><td align="center" valign="top"><table width="100%" border="0" cellspacing="0" cellpadding="0" align="center"><tbody><tr><th align="center" valign="top"><div class="mktoImg" id="mob_image_9afd3689f-e524-4380-9d09-0fa7c9a98d39"><a href="#" target="_blank"><img src="https://pages.e.northerntrust.com/rs/504-ZYK-173/images/Corp-2024-06-17-vase-illusion.png" width="327" alt="vase-illusion" class="em_full_img" style="display:block; font-family:Verdana,Geneva,sans-serif; font-size:12px; line-height:15px; color:#000000; max-width:174px"></a> </div></th></tr></tbody></table></td></tr></tbody></table></div></td></tr></tbody></table></th><th width="32" class="em_hide em_clear" style="width:32px"> </th><th valign="top" class="em_clear"><table align="right" class="em_wrapper" width="338" border="0" cellspacing="0" cellpadding="0" dir="ltr" style="width:338px"><tbody><tr><td align="center" valign="top" class="em_ptop24"><table align="center" width="100%" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td align="left" valign="middle" class="em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:12px; line-height:20px; font-weight:500; color:#115740; text-transform:uppercase; letter-spacing:2px"><div class="mktoText" id="text_625d705d7c-6a99-4558-a88c-418c7f549363"><p>Ryan Boyle</p></div></td></tr><tr><td align="left" valign="middle" class="em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:23px; line-height:32px; font-weight:500; color:#3D4042; padding-top:12px"><div class="mktoText" id="text_63516aff9e-bf1c-4f6f-be5f-f0fb14ce1165"><p>Cross-Checking Employment Reports</p></div></td></tr><tr><td align="left" valign="middle" class="em_ptop em_txt_white" style="font-family:Equip,Arial,sans-serif; font-size:14px; line-height:20px; font-weight:400; color:#3D4042; padding-top:14px"><div class="mktoText" id="text_64ceb53d28-678d-4fce-9303-06bf0035e84d"><p>An array of data sources show a labor market that still has plenty of strength.</p></div></td></tr><tr><td align="left" valign="top" style="padding-top:16px"><table align="left" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td align="center" class="em_defaultlink em_txt_white em_dark" bgcolor="#115740" valign="middle" height="46" style="font-family:Equip,Arial,sans-serif; 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