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Evening Standard
Evening Standard
Business
Jonathan Prynn

One relief amid the pain of the coming recession

Bank of England governor Andrew Bailey

(Picture: REUTERS)

So what sort of recession are we in for? Whatever the impact one thing is for certain, we are seeing them come round more often again.

Taking from let’s say 1966, the last year an England football team came away with a trophy at a major tournament, to this year of Lioness triumph, there have been five — with a sixth coming this winter, if the Bank’s number- crunchers are right. Six slumps of hurt.

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