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
- Britain faces a wave of industrial action this winter
- Why government ministers don’t stick to security rules
- Britain’s next recession may have already begun
- The Good Friday Agreement rests on the DUP’s ability to compromise
- The daunting task facing the new head of the Metropolitan Police
- Young Britons head to eastern Europe to train as doctors
- In Britain, immigrants are moving beyond the big cities
- Why small boats are a big problem for Britain
From the November 5th 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Britain
Many Britons are waiting 12 hours at A&E
The crisis in emergency care has deep roots
Is British justice too secretive?
Controversy rages over what happened both before and after a horrendous mass stabbing
Britain’s oldest newspaper is a treasure trove of trivia
Why historians love the London Gazette
The rise of the Net-Zero Dad
Middle-aged men care less about the problem. But they love the solution
Backing Heathrow expansion suggests Labour is serious about boosting growth
It is the surest sign yet that the government is up for the fight