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The Guardian - UK
The Guardian - UK
Business
Richard Partington and Larry Elliott

‘I can’t see it getting any better’: could the UK be heading for a recession?

Shoppers in Windsor
UK consumers are cutting back as the cost of living rises. Photograph: Maureen McLean/REX/Shutterstock

These are worrying times for Claire Tasker’s jewellery business. With soaring living costs putting acute pressure on households across the country, the Hertfordshire-based goldsmith has seen first-hand how consumers are cutting back.

“If people haven’t got money to spend then it’s items like mine they’re not really going to think about buying any more,” says the small business owner, who sells her handmade fine jewellery from her home studio in Hitchin.

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