UK economy

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.

The shock that follows Britain’s Brexit break in 2019 could be the biggest risk to the economy this century. Photo: AFP

Brexit is the final nail in the coffin for UK’s economy

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.

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