Dashboard of decline: seven charts that explain Britain’s economic crisis - short news
The UK looks set for a recession and a longer battle with inflation than many of its neighbours. This is why
The UK is sliding towards a recession. Only six months ago, a strong recovery was expected, but the impact of the pandemic, the slow return to pre-Covid work patterns and soaring inflation driven by the Ukraine invasion have depressed the economy.
Last week the governor of the Bank of England, Andrew Bailey, warned that Britons are likely to suffer a deeper and longer..
source: The Guardian - 02.07.2022