It’s shaping up to be all too familiar. A worsening outlook in the pandemic, a government slow to react, and confidence fading fast among businesses and households.
In many ways Christmas couldn’t come soon enough for Boris Johnson’s government, amid a storm of bad news as the prime minister’s Teflon ability to survive political scandal appears to be deserting him at last. But rather than acting as a distraction, the festive period merely highlights the serious problems facing the British economy that could make matters worse.
The Omicron variant of Covid-19 has been hitting businesses hard, with the hospitality sector suffering from a wave of cancellations and lost trade during what ought to be the busiest time of the year. Meanwhile
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