Without a shadow of doubt, Britain is a car crash economy right now. The country has its foot pressed hard to the floor over leaving the European Union and is speeding into a brick wall. Love it or loathe it, Brexit poses a potentially painful pile-up for Britain’s future.
The coalition government led by David Cameron has been criticised for sticking to a strategy of austerity even though the country was expected to suffer a triple dip recession in early 2013. It was also stripped of its prized AAA credit rating in February 2013.