Whether that opportunity is seized or squandered is yet to be seen but the dire predictions didn’t happen
The UK economy is clearly struggling. Growth has stalled, interest rates are going up and the Treasury is softening up the public for a new dose of austerity measures.
For some, the explanation for these horrors is simple: Britain is paying the price for its decision to leave the European Union. Forget the impact of the most severe pandemic in a century. Forget what Vladimir Putin’s invasion of Ukraine has done to energy prices. Brexit is the “gorilla in the room”.
