Article 5NSZR Slowdown in UK recovery may be more than a supply chain issue

Slowdown in UK recovery may be more than a supply chain issue

by
Larry Elliott
from on (#5NSZR)

As pinged people stay home, the unpinged may be getting more cautious, suggesting a longer-than-expected recovery

Newspapers call August the silly season because not a lot happens. That's not always the case, as events in Afghanistan have shown, but it is certainly true of the UK economy this year. And that's bad news.

Each week the Office for National Statistics puts together a digest of the very latest data, everything from restaurant bookings to the number of cars on the road. To be clear, these are not official figures, but they do provide a reasonably good guide to what's going on.

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