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World

Are we already in recession?

12 August 2022

5:35 PM

12 August 2022

5:35 PM

The Bank of England recently raised hackles by predicting that the economy would shrink in the final quarter of 2022, with Britain spending the whole of next year in recession. Liz Truss was especially critical, saying that a recession was not inevitable. In last night’s Cheltenham debate she again referred to the subject, saying that it was important we did not ‘talk ourselves into a recession’.

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