<story><title>Bank of England expects UK to fall into longest ever recession</title><url>https://www.bbc.com/news/business-63471725</url></story><parent_chain><item><author>rwmj</author><text>No one who does a days work in Britain thinks any of this is a good thing.  It&amp;#x27;s largely generated by a far right party through a voting system that allows pensioners (a minority) to control who gets into power.</text></item><item><author>mahkeiro</author><text>Yeah when they were talking about all the red tape that will be gone and then introducing the ukca marking to replace the ce marking… (facepalm)&lt;p&gt;The annoying British exceptionalism is for once coming to bite hard.</text></item><item><author>hristov</author><text>The craziest thing is that this recession was mostly self inflicted.</text></item></parent_chain><comment><author>rjsw</author><text>Not sure that is completely true. People working in construction or hospitality are probably happy for now that there are fewer people competing with them for jobs.</text></comment>
<story><title>Bank of England expects UK to fall into longest ever recession</title><url>https://www.bbc.com/news/business-63471725</url></story><parent_chain><item><author>rwmj</author><text>No one who does a days work in Britain thinks any of this is a good thing.  It&amp;#x27;s largely generated by a far right party through a voting system that allows pensioners (a minority) to control who gets into power.</text></item><item><author>mahkeiro</author><text>Yeah when they were talking about all the red tape that will be gone and then introducing the ukca marking to replace the ce marking… (facepalm)&lt;p&gt;The annoying British exceptionalism is for once coming to bite hard.</text></item><item><author>hristov</author><text>The craziest thing is that this recession was mostly self inflicted.</text></item></parent_chain><comment><author>throwaway894345</author><text>Wouldn&amp;#x27;t inflation (and thus tax cuts) hit pensioners the hardest? Presumably inflation hits pensioners harder than those who are still working? I&amp;#x27;m not sure how the UK pension system works, but I wouldn&amp;#x27;t want to sell off my retirement investments at low prices for currency with sharply reduced buying power. Is the idea that they voted in this government which then betrayed them (either through incompetence or malfeasance)?</text></comment>