Tories hope for growth. They never plan for it | Phillip Inman
by Phillip Inman from on (#68RT5)
Kept aloft by North Sea oil or privatisations, the economy under the Conservatives never got the long-term vision it needed
Listening to Bank of England officials in recent days, the message is clear: Britain's economy is in a dire state.
Bombed out by the 2008 banking crash and stunned by the Brexit vote before being poleaxed by Covid-19 and then a war in Ukraine, every industry is suffering, and to a considerable extent. Business tries to drag the economy out of the morass only to find the bog is so deep there is no traction.
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