Behind the headlines
The truth about “basket case” Britain
“A corrosive and essentially false story of British economic failure is taking hold in the public mind,” says Ambrose Evans-Pritchard in The Daily Telegraph, amplified by endless gloomy headlines. Not least, he might have added, in the Telegraph itself, which a week ago announced: “Great Britain is decaying before our eyes”. Bloomberg takes a similar line (“Britain’s battered economy is sliding toward a breaking point”), as does Le Monde (“Brexit: Six years of a crumbling British economy”). “From across the pond,” says Joseph Sternberg in The Wall Street Journal, “Britain looks like a basket case.” So what’s the truth?