The flat UK economy still points to a Boris Johnson election victory
by Larry Elliott from on (#4PW20)
Ted Heath's 1974 election gamble offers a bad precedent for the PM. Heath lost, but the economy makes it Johnson's to lose
A flatlining economy. A political system gripped by inertia. A series of weak governments unable to get anything done. This used to be Italy. Now it is Britain.
Last week, when Boris Johnson was stymied by his lack of a parliamentary majority and Amber Rudd was planning her resignation from the cabinet, Italy was putting together a new coalition designed to prevent the hard right from taking control. It speaks volumes when Italy is giving Britain lessons in stability.
Related: Brexit chaos 'making business planning impossible'
Continue reading...