Bank of England: Five things we now know about the UK economy

1. UK set for two-year recession

When a country is in recession, it's a sign that its economy is doing badly. A recession is when a country's economy shrinks for two three-month periods in a row. Previously, the Bank had expected the UK to fall into recession at the end of this year and said it would last for all of next year.

Landlords are now increasing rents on shops and offices by 50-80% unviable for most small shops

Check out this site on YouTube:- 'March to the front 1914 -18 war' in aid of the Royal British Legion its very good plus leave a comment or RT thanks Paul

All becos the so called civil service think tanks allowed the country to become too dependant on natural gas as an energy supply. We have plenty of coal, but they closed the mines. No investment for 40 years in nuclear power. No fracking. NS oil plenty enough for power stations?

I couldn't get through the nonsense of number 2.

The unbelievable happened in my life today and words can't express my joy. Thank you so much ma'am for your help l'll forever be indebted to you anna_owen01

It could be easily fixed by making corporations pay their actual tax bills and raising the rate of income tax for those earning above £100 million 💁‍♂️

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Bank of England: Five things we now know about the UK economyThe Bank of England's outlook for the UK is grim, but some things might not be as bad as first expected. The picture sums up what’s happening to the nation I hear once the deficit gets to a certain stage Mike Ashley is going to do the usual and swop up and pick up what left of the nation for a bargain
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