From time to time, I’ve run a credit check on myself, even if I don’t want to borrow money (I know, a bit like putting on a suit to sit around at home. Is it just me?) Anyway, just tried it again, and I’m proud to say that my credit score is currently better than that of our whole nation. According to rating agency Moodys, economic growth is low, the government’s making a mess of things and we won’t have the EU to bail us out. Bear in mind, however, that it was Moodys which gave Lehmans an ‘A’ rating until the day before they went bust in 2008. And they’re American.
“UK inflation falls to lowest level since 2022”
We have been or are, depending on your point of view or choice of statistics, in the midst of a recession. The faint glimmer at the end of a long tunnel is that the economy apparently grew in January, although 0.2% isn’t exactly storming ahead.
