The UK economy is heading into a prolonged recession. After Kwasi Kwarteng’s disastrous experiment in hyper-neoliberalism, his successor Jeremy Hunt has returned to the straight jacket of fiscal orthodoxy and relative moderation. Last week’s statement aimed at repairing the capital markets’ confidence in the Government’s handling of the public finances in the shadow of the … Continue reading Measuring the Brexit impact on the economy: the evidence that points to a self-inflicted calamity