Rachel Reeves and the Rollercoaster Economy: Hold on tight, a nasty DIP is coming

You know that moment when you’re on a rollercoaster, and it’s actually moving quite slowly—like a rural train. You could nearly eat a sandwich. But because you’re on a rollercoaster, you know not to enjoy that calm moment, because of the absolute terror that lies ahead.

Welcome to the British economy, under the stewardship of Britain’s first—and worst—fe…