Investment editor of Financial Times, James Mackintosh, has some news.
1. We’re back in recession.
2. Our exports of goods are falling at a faster rate than during the ‘global financial crisis’, due to a weakened demand from the UK and Europe, and the expiry of important patents on medicines.
3. Austerity fatigue is setting in.
4. Ireland plans, for the first time since the 2010 bailout, to miss one of the targets set by the Troika.
5. They’ve let James wear his baggy brown suit on air.
Watch, weep, etc. here
