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the value of the pound has dropped again today by nearly a percent against the dollar as investors digest the warning from the international monetary fund about the uk government s fiscal plans. the imf has openly criticised the plan for widespread tax cuts, warning the measures are likely to fuel the cost of living crisis and increase inequality. here s michelle fleury with more details in new york. one of the roles of the international monetary fund is to act as an early economic warning system, and it has just sounded the alarm over the uk s new tax and spending plans. in a statement, the fund warned, given elevated inflation pressures in many countries, including the uk, we do not recommend large and untargeted fiscal packages. even more pointedly, it suggested that the november 23rd budget presented an opportunity for the government to re evaluate tax measures, especially those that benefit high income earners. remember, as part of the uk treasury s policy to ....
But we have not seen the demand of office space since can be reduced after the pandemic. right now, almost 50% of the total office space area is found here. the central business district. it s where the skyscrapers paint the city skyline that many associate singapore with. but if traditional workspaces is indeed evolving, then this picture may start to change. and businesses found here will also need to learn how to adapt. while singapore is both a city and country. it s also made thejob of mapping out what the city will look like in the future more difficult. urban planners have to decide whether a central business district or cbd that s focused on office space will still be relevant. we don t know if it s going to be a sustained long term trend, which is why we want to build in more flexibility. for instance, making cbd more of wider variety, more multifunctional and providing options for people to work near home. i think those are all no regrets. moves that we should do. according t ....