WIs zero economic growth a moment to celebrate? When it’s a little better than markets expected — and, if you’re a nervous conservative politician, when it looks like the economy may have escaped a slide into recession in 2023.
It’s also good news for Rishi Sunak, in a very marginal way. The Prime Minister promised that one of his five priorities for 2023 is to achieve year-round growth. The fact that Britain’s sluggish economy failed to grow from July to September, and that the Treasury greeted this news with boundless joy, is a sign of how bleak things really are.
What did the Prime Minister promise about growth?