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Podcast: Beyond Currency
Episode: 6 June 2022 - Jubilee masks economic meltdown
Description: The UK economy looks likely to slowly slip between the waves, as multiple headwinds combine to contribute to a recession which may arrive by the end of the next quarter.
Activity, particularly in the services sector, is expected to drop into contraction, while the actions of the Bank of England at its next meeting, which takes place next week, could be the final straw. Any delay in hiking rates again, would mean that Andrew Bailey would probably be accused of ignoring his duty.
Questions are being asked about the ability of the Prime Minister to remain in power, as rebels...