Why does anything described as ‘sobering’ make us want to immediately reach for a glass of wine? An alternative (positive?) view is that we’ll all be doing exactly that come next year. Instead of bringing further misery, could the next few years become this century’s Roaring 20s? The last were preceded by, yes, the war to end all wars, but also a global pandemic, the end of which the Charleston-ing flappers celebrated in style. My grandmother, who lived through the lot, did tell me that it was the Brideshead set who actually had all the fun and that there wasn’t much roaring or flappering in Vauxhall, where she lived at the time. I think, if it happens, we may find that not much has changed.
“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.
