We could be re-entering postwar Britain, not the 1970s - Capital Economics

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We could be re-entering postwar Britain, not the 1970s

05 October, 2021Financial Times

Queues at petrol stations and the spectre of inflation – coupled with low growth – have triggered concerns that the UK is in the midst of returning to the dark days of the 1970s. But is this the right historical comparison? Not according to Neil Shearing of Capital Economics, a research outfit. In a note published earlier this week, Shearling said the situation was more akin to that seen in the decades following the second world war.

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