Yes, interest rate rises have made a meaningful difference too via their impact on cost of capital/discount rates/IRRs demanded. There's a summary at the House

Yes, interest rate rises have made a meaningful difference too via their impact on cost of capital/discount rates/IRRs demanded. There's a summary at the House of Commons library website here. I hadn't seen it before today but it seems to cover most of the key points I'm aware of (from investing in the UK and European power space for work) and is reasonably concise: https://commonslibrary.parliament.uk/research-briefings/cbp-9871/ https://commonslibrary.parliament.uk/research-briefings/cbp-...