POST BREXIT RECESSION

POST BREXIT RECESSION

So the much-followed Purchasing Managers’ Index (PMI) has fallen below 50 for the first time since 2009 and that is meant to suggest we’re going into recession. But the Bank of England’s Survey suggests ‘Business as usual’ with no clear evidence of a slowdown. In this...
IMF PANIC PANTS?

IMF PANIC PANTS?

The International Monetary Fund doesn’t seem to rate us very highly. A couple of years ago they warned that George Osborne’s (remember him?) economic policy was going to drive us into recession. They were proven to be completely wrong. This month they said our post-...