A pedestrian passes a retail store that is closing in London on September 1. Slowing growth, a struggling currency and policy paralysis mean gloomy prospects for the British economy. Photo: EPA-EFE
A pedestrian passes a retail store that is closing in London on September 1. Slowing growth, a struggling currency and policy paralysis mean gloomy prospects for the British economy. Photo: EPA-EFE
David Brown
Opinion

Opinion

Macroscope by David Brown

Recession risk, inflation, energy crisis: Britain’s economy going from bad to worse

  • Projections for the future of Britain’s economy outstrip even the usual winter gloom with recession and a debt crisis on the horizon
  • If the government chooses to spend its way out of the current energy crisis, it could end up too much for the market to bear

A pedestrian passes a retail store that is closing in London on September 1. Slowing growth, a struggling currency and policy paralysis mean gloomy prospects for the British economy. Photo: EPA-EFE
A pedestrian passes a retail store that is closing in London on September 1. Slowing growth, a struggling currency and policy paralysis mean gloomy prospects for the British economy. Photo: EPA-EFE
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