Britain’s economy is on shaky ground, with the Bank of England indicating that stability is a long way off 🔎 But what exactly went wrong? SerinaSandhu1 explains
Dr George Dibb, head of the centre for economic justice at the Institute for Public Policy Research think tank, said: “The recent mini-Budget was the straw which broke the camel’s back after a decade of austerity, low growth, and stagnant investment.”
and the degree of fiscal tightening the Government is planning to undertake will be key not only for forecasting economic growth, but also for the Bank of England’s monetary policy.”The fallout of leaving the European Union continues to be a divisive issue but experts say it has affected the UK economy.
Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, agreed that Brexit meant overseas investors steered clear of the UK.
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