It’s become a topsy-turvey world, and we can’t blame it all on Covid. The nearest thing Labour has to a stronghold now seems to be in London and the South East. And the CBI, once the bastions of Maggie-ism, are putting forward what could be a Blair-style election manifesto: education, employee benefits, level up, invest in the future, no austerity. A grand plan, they call it. Let’s hope nettles are grasped before Boris’s wedding plans take over the No.10 agenda.
“UK slips into recession as economy contracts 0.1% in December”
This week’s big economic and bad election news is that we are, or certainly have been, officially in a recession. You may not have thought you were, or you may have thought you have been for some time, as we and its effects are all different.