Broadway Market in London on July 16. British consumer confidence is bouncing back from the depths of Covid-19 despair, but the government’s financial position remains precarious. Photo: Bloomberg
Broadway Market in London on July 16. British consumer confidence is bouncing back from the depths of Covid-19 despair, but the government’s financial position remains precarious. Photo: Bloomberg
David Brown
Opinion

Opinion

Macroscope by David Brown

British economic recovery looks good on paper, but serious problems are piling up

  • Confidence is high, employment conditions are bouncing back and retail spending is rebounding. But scratch the surface and it’s a different story
  • The government has no long-term industrial strategy. Instead, British industry is effectively up for sale to bridge the country’s burgeoning current account gap

David Brown
David Brown

Updated: 2:33am, 7 Sep, 2021

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Broadway Market in London on July 16. British consumer confidence is bouncing back from the depths of Covid-19 despair, but the government’s financial position remains precarious. Photo: Bloomberg
Broadway Market in London on July 16. British consumer confidence is bouncing back from the depths of Covid-19 despair, but the government’s financial position remains precarious. Photo: Bloomberg
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