UK to be first G7 nation to fall into recession and last to get out – economists

23 comments
  1. Sounds like an ideal time to increase taxes to further the burden on those already struggling with higher interest rates and fuel costs!

  2. its almost as if not investing in our own infrastructure for the last few decades has shown how much the country cant cope..

  3. I am hoping to see some more creative blame shifting onto external factors in this thread. So please no Russia invasion, covid lockdown or Labour/Gordon Brown.

  4. Tbh Brexit didn’t make it any better. Yes, I went there.

    If it didn’t happen we’d have millions of EU and other international workers, meaning we wouldn’t have to raise taxes so much (and so often) to try and get back to those levels of tax revenue whenever the Tory government decides to go on a spending/borrowing spree.

    Sure, pandemic happening and all but even so if Brexit hadn’t happened our economic recovery (the bit that we as common folk would notice e.g. higher costs for things that’s usually been low, not some trend in the “markets” those bankers harp on about) post-pandemic would’ve been slow but at the very least we wouldn’t be in danger of a self-inflicted recession with an even longer recovery from said recession.

  5. We never really left the pre- Thatcher recession, post Thatcher recession or the 2008 recently. All that happened was put plasters on the thing and money in the pockets of those without the need for fuller pockets.

  6. Another Tory recession.

    It’s a good job they always show fiscal competence like they did in the 80s and 90s when we never had multiple recessions, crippling negative equity and mass unemployment.

    Oh, hang on…..

    There’s no one else at fault other than the Tories, their incompetence and their Brexit.

  7. Fuck this government. It was self interest that got truss in power, hubris that she think her mini budget was viable, criminal that Johnson squander our nation’s wealth on Brexit and sheer malice to make hard working families to fork the bill.

  8. “Global Britain” has been a resounding success then. Who needs the EU when we have such good decision-makers here who can “take back control” and lead us to the sunlit uplands?

  9. I Wonder why we will be the first and the last. Surely we didn’t leave a large trade union with other countries, so we can fend for ourselves. The media always forget that word like it’s a boogeyman, Brexit.

  10. From today I wonder who’ll be the first Tory to actually articulate the words ‘tighten’ and ‘belts’ preceded by the fucking word *”we”*. Cos it’ll happen, sure as eggs is eggs (or isn’t, given the latest cash grab shrouded by ‘avian flu’)

    When I’m a benevolent dictator & Dear Leader after the revolution I’ll wire em all up to those banned puppy training collars when they’re talking in Westmonster. I’ll have prizes in charity lotteries so you get thirty minutes on the buttons to zap em when they trot out a platitude.

    Edit; lol jk. When I’m dictator they’ll be swinging from lamposts instead of eating koala jizz for four hundred large plus full wages plus expenses…on taxpayer coin. If you’re in the lower income small business bracket you’ll get free advertising space on the gibbets. Every Little Helps.

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