The British government’s obsession with the fiscal rules is driving the economy towards recession

Created
Thu, 07/08/2025 - 17:28
Updated
Thu, 07/08/2025 - 17:28
The UK economy is heading into a malaise. The latest news – UK construction activity in July falls at steepest rate since Covid (August 6, 2025) – and – UK services sector has biggest fall in orders for nearly three years (August 5, 2025) – confirms that there is a slowdown underway. That was prefaced…