This isn’t a “mild” recession
The headline GDP figures mask a 15-year living standards disaster for Britons.
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and culture since 1913
The headline GDP figures mask a 15-year living standards disaster for Britons.
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Consumer spending, government support and lower energy prices have propped up growth.
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The latest headline employment figure disguises worrying trends in the British economy.
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The boss of Harrods has admitted his department store prospers during a recession. This is a clear failure of fiscal…
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The Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
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We might have to pick our poison.
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Bond markets have suggested US inflation could fall by the most since 2008 next year – which could be catastrophic…
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Britain’s economy is forecast to perform worse than any other in Europe next year.
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Today’s GDP figures mark the beginning of a long recession. The government got us into this mess, and now it…
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Industry and agriculture run on diesel; when it becomes unaffordable, the business cycle turns.
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British companies are avoiding borrowing as they await the Autumn Statement, where the wrong message would be disastrous for the…
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Liz Truss’s disastrous premiership has added a “moron risk premium” to government borrowing – even after she resigned.
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The Bank’s pursuit of lower inflation means a new economic headache: business closures and much higher unemployment.
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GDP fell by 0.3 per cent in August and the economy is still smaller than before the Covid-19 pandemic.
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All governments want higher growth but few put the incentives in place to achieve it.
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The extra bank holiday for the Queen’s funeral could cost the British economy £2bn.
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Economic downturns often coincide with suicide rate increases, so the government is discussing how its front-line staff can help the…
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As inflation reaches a 40-year high and with Britain facing a punishing recession, the Conservative leadership contenders have failed to…
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The power politicians and the Bank of England have to bring down inflation is sadly very limited.
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Rate rises will do little to control inflation but they will dramatically increase the threat of mass unemployment.
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