Britain ‘facing highest risk of recession since 2007’

Policy may be constrained by the fact Bank has already deployed its
tools to curtail the last recession

Britain is facing the highest risk of a recession since the
financial crisis and needs urgent plans to combat the next
downturn, according to an alarming assessment of the nation’s
economic health.

Preparations need to be made to reduce the impact, the study by
the Resolution Foundation thinktank warns. It states that both
uncertainty around Brexit and the global economic slowdown have led
to the highest recession risk since 2007.

Source: FS – All-News2-Economy
Britain ‘facing highest risk of recession since 2007’