BBC recession spin prompts bemused reaction
"I wasn't sure you could make the start of a recession read like good news, but somehow the BBC managed it", Adam Bienkov said.
"I wasn't sure you could make the start of a recession read like good news, but somehow the BBC managed it", Adam Bienkov said.
“Rishi Sunak failed to beat Liz Truss, he failed to cut waiting lists, he failed to stop the boats and now he has failed to grow the economy", Rachel Reeves said.
The private sector looks set to shrink again, according to preliminary data from an influential survey.
Gross domestic product contracted by 0.5% in July, according to the Office for National Statistics.
Liz Truss has argued that the recession forecast by the Bank of England is “not inevitable”, as she insisted her swift tax cuts are needed rather than Rishi Sunak’s slower approach.
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