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Evening Standard
Evening Standard
Business
Jonathan Prynn

Grim read reveals just how bad the near future will be

We should brace ourselves for further strike action as economy flounders (Aaron Chown/PA)

(Picture: PA Wire)

If you are having a difficult Monday — perhaps a first day back in from summer hols — I urge you to avert your gaze from the analysis of prospects for the UK economy published today by Saxo Bank.

It is a truly grim read. Titled ‘Emerging Market Britain’ it sets out why the gloomy headlines about the Bank of England’s prognostications last week told only half the story.

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