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As I understand it fuel prices have stabilised / falling. The reason prices jumped is because Europe was rushing to fill it's storage which is now virtually ful
by benj111 4y ago
As I understand it fuel prices have stabilised / falling. The reason prices jumped is because Europe was rushing to fill it's storage which is now virtually full. And there's a long term cap anyway, because high prices will just bring about alternatives.
Re recession forecasts, I don't really know enough to comment, they do end up being fairly accurate though.
I agree that Brexit is a long term bad thing. Unfortunately I never expected the big Brexit recession, it's just going to be a slow down in growth where we get further and further behind the rest of Europe.
What gives me hope? We had the biggest financial crash in a century only 14 years ago and we got through that. We had a global pandemic that basically shut down the economy, we got through that. We are still a prosperous country and we'll survive this crisis.