Kwasi ‘ghosts' Truss - and recession panic

<p>Britain’s shaky economy is on the brink of recession as Office for National Statistics data reveals a fall in GDP.</p><p>It comes as former chancellor Kwasi Kwarteng popped up in his first interview since being sacked, and criticised his former boss and political soulmate, ex-PM Liz Truss.</p><p>He says they are still “friends” but has not returned her missed call from several days ago.</p><p>It comes as Office for National Statistics data shows output dropped 0.2 per cent from July to September.</p><p>Now there’s an increasing likelihood the fourth quarter will see another dip after the surge in interest rates triggered by Kwarteng’s disastrous mini-Budget in September.</p><p>Those ONS figures follow Bank of England forecasts could be the longest recession since records began.</p><p>The Leader’s joined by Alfie Stirling, director of research and chief economist at the New Economics Foundation, and Evening Standard deputy political editor David Bond.</p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>