Andrew Bailey Britain Russia Waters Beyond Andrew Bailey Britain Russia

Brexit will make a bad recession even worse. But Sunak and Truss won’t question it

Reading now: 545
theguardian.com

Britain is rapidly entering its worst economic crisis since the 1970s, but it is a crisis hardly discussed by the two rightwing Conservative politicians vying for the premiership.The National Institute of Economic and Social Research (NIESR) and the Bank of England have both pronounced that we are entering a recession that could last for much of next year.

This will serve to aggravate already serious economic, industrial and social problems, with goodness knows how much public unrest.Yet the message from Liz Truss and Rishi Sunak is that what really matters is whether that Conservative nirvana of tax cuts is offered now or later.

Read more on theguardian.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA