Global turmoil makes Britain’s productivity predicament even worse

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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

It never rains, but it pours. This is how UK economic policymakers must feel right now. The economy performed terribly after the financial crisis of 2007-09, then performed even worse after the pandemic and is now in the midst of an economic storm created by an American president who is not just protectionist, but madly unpredictable. For a trade-dependent economy,…