Six charts that show how the UK economy is in crisis

From inflation to tax, labour shortages to R&D, ministers will need to confront these key issues and fast

Britain has emerged from the pandemic with most economic indicators flashing red. The prospects for the UK economy have weakened this year and next in response to the Russian invasion of Ukraine, a messy divorce process from the EU that remains unresolved and global supply chain blockages hitting many business sectors.

Following Boris Johnson's departure, a new government will need to release itself from former chancellor Rishi Sunak's spending constraints to ease the inflationary pressures on households while preventing a possible slide into recession with extra support for businesses.