Boris Johnson resigns: Five things that led to the PM's downfall


  • The Bank of England said Thursday that the U.K. is facing its longest recession since records began.
  • The central bank described the outlook for Britain’s economy as “very challenging,” noting that unemployment would likely double during the country’s two-year slump.
  • The BOE raised interest rates by an historic 75 basis points Thursday, its largest hike in 33 years.
Tough times ahead for the island with clown politicians and drunks that think they are still part of an empire.
 
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