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Britain 'faces recession and doubling inflation within months' - but crisis could be averted by just one breakthrough
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GB News
Britain 'faces recession and doubling inflation within months' - but crisis could be averted by just one breakthrough
Britain faces a recession and inflation more than doubling within months, a devastating new report has revealed.
New findings from EY reveal how GDP growth may slow to just 0.5 per cent this year, before shrinking by 0.2 per cent in 2027.
Inflation, currently at 2.8 per cent, could surge to 6.4 per cent by the end of this year under the firm's worst-case outlook.
EY blames the continued shutdown of the Strait of Ho…
3 Aug, 04:54