“The risk for further policy failure is real and the stakes are getting increasingly high."

Charles White Thomson, CEO at Saxo UK:

“The status quo in the UK is increasingly painful and uninspiring - this should not be about celebrating falling inflation or the avoidance of a technical recession.

“The UK continues to underperform its key counterparties and have underserved the majority and their aspirations.

“The risk for further policy failure is real and the stakes are getting increasingly high.

“The conundrum facing the UK is more than just beating public enemy number one, or inflation, it is about defeating the high tax; low growth loop and the lovers of the status quo or managed decline.”