Why the prospects for Britain’s ‘shortage economy’ look grim

UK news headlines have not made for easy reading in recent months. Economic growth may be bouncing back from last year’s Covid-19-related recession, but the sight of panic buying in petrol stations, empty supermarket shelves and unpicked crops rotting in fields underline much deeper fault lines in Britain’s economy.Some 21 months after quitting the European Union, Brexit has left the UK economy in a mess – social welfare conditions are deteriorating, the health system is under serious strain…

Read the original article at South China Morning Post