Britain’s next recession may have already begun
A painful squeeze is under way for companies and households
It is tempting to see the madness in Westminster and conclude that hapless politicians are the sole cause of Britain’s economic woes. They are not. As Liz Truss’s government began to self-immolate in late September, corporate Britain was already suffering. According to a poll of economists conducted by Bloomberg, a data provider, the third quarter of 2022 marked the start of Britain’s latest recession.
This article appeared in the Britain section of the print edition under the headline “The gathering gloom”
Britain November 5th 2022
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- Britain’s next recession may have already begun
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From the November 5th 2022 edition
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