Rishi Sunak Boris Johnson Britain COST BAY Coherent Rishi Sunak Boris Johnson Britain

Sunak needs coherent plan with serious firepower for great economic escape

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Britain’s economy is at a turning point. Growth is slowing, with the rising chance of recession, inflation is at the highest level for 40 years, and expected to hit 11% this autumn as the country suffers an earlier and more painful economic firestorm than most other nations.That it was considered big news for the governor of the Bank of England to spell out these uncomfortable home truths this week was perhaps surprising given the regular drip-drip of economic pain that has sent confidence among consumers to its lowest depths since the 1970s.The important question though is how we react.

And therein lies a problem. For the government, it isn’t so much where Britain turns next but what can be done to save Boris Johnson’s floundering leadership.As much of the UK struggles with the soaring cost of living, rival Conservative factions push their own agenda.

Read more on theguardian.com
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