2502: The Weekend Podcast - Celebrity Wedding - a podcast by Justin Waite

Are we in recession?



Event Actual Forecast Previous

GDP (MoM) -0.6% -1.2% 0.4%

GDP (QoQ) (Q2)    -0.1% -0.2% 0.8%



July is -0.6%

August is -0.3%



You’re going to need September to grow by 0.9% to not contract - impossible.



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We are in an energy inflation driven recession.



The biggest rising cost for any company right now is energy.



Domestic energy is capped - which is laughable.



Business energy is not. Article in the times about some businesses are seeing a 5 fold increase.



There’s a v sad story online today about a lady who works for a very popular Chinese take away in Aberdeen. Their bill has gone up 10 fold and its their last day on business on Saturday.



Name a company addressing this issue for businesses and you’ve got yourself a winner.