High inflation, record energy prices, and a shortage of workers. We are facing an economic crisis.
Andrew Bailey, the Governor of the Bank of England, said this week it has several causes - War, Brexit, Covid, all one-off shocks. But what Bailey did not say is the government is making things very much worse with their Tory beliefs driving their response to this crisis.
They are sitting back and doing almost nothing because they believe the market can solve a problem better than anything the government can do.