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Why Britain has a bumpy road to recovery ahead
The Bank of England forecasts that growth would be negative for the UK in 2023 and KPMG projected that the UK could fall into a recession next year as inflation bites. Struggling post-Brexit the United Kingdom has a number of difficulties it has to overcome. A recent article by Bloomberg highlights what they are. Consumers are gloomy High inflation, disgruntled unions, canceled holiday flights, and surging costs of living mean that Britons are more pessimistic than at any time in at least 50 years. This is the gloomiest UK confidence has been as post-Brexit and COVID realities sink in.The Office for National ... (full story)