Brexit has made the UK the sick man of Europe once more

Britain has created new economic problems without resolving its existing ones. 

Though it didn't feel like it at the time, the years preceding 2017 now resemble an economic golden age for the UK. After the damage imposed by the financial crisis and excessive austerity, Britain recovered to become the fastest growing G7 country. Real earnings finally rose as wages increased and inflation fell (income per person grew by 3.5 per cent in 2015). 

And then the Brexit vote happened. Though the immediate recession that the Treasury and others forecast did not...
source: New Statesman

2017-10-12 16:47
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