December 2019 / January 2020 – Training & Recruitment
In the run-up to December’s general election, there was much speculation about how the UK economy would fare under various different scenarios – a Conservative minority government, a Labour government, another coalition, Brexit with or without a deal and so on ad nauseam.
And during one typical BBC Radio 4 navel-gazing exercise, an economist was heard to muse that “of course, we’re actually due another recession”.
It’s true, of course – these things go in cycles – but it’s rather surprising that the recession we’re apparently due hasn’t struck already, such was the political chaos sparked by the Brexit referendum.
Business hates uncertainty and that’s all we’ve had for the past three and a half years. How have we survived? You’d have thought that with our economic immune system so badly compromised, some malign factor would have taken hold and laid us low.
Well, now we have a Tory government with a large majority and Brexit is guaranteed to happen within 12 months. The uncertainty is over, you might think. But haven’t we simply entered a new phase of uncertainty?
We know that Brexit will happen, but we don’t know how bad – or good – the effects will be on the economy. Neither do we know whether Prime Minister Johnson will finally reveal his inner statesman or just continue to act like a complete arse. I’m actually looking forward to finding out
Training & Recruitment