The tripartite crisis facing the UK, which may lead to a new “winter of discontent”.

  • Steve Schiffris
  • Conversation*

image source, Getty Images

to explain,

The UK is experiencing supply chain problems.

Everyone over 50 years old remembers when in the UK Garbage piled up in the streets and graves were left undigged. With Boney M and Gloria Gaynor dominating the airwaves and Superman as the great Christmas movie, there was no one who could save Jim Callaghan’s ailing government from the impending collapse of 1978-1979. Those famous conservative election posters will soon be saying that work is not working They simply summed it up as devastating.

Eighteen months into the coronavirus pandemic, it looks increasingly likely that another very difficult winter, with fears of a resurgence of the virus along with rising inflation and an energy and supply chain crisis.

So what can we expect and how significant are the similarities to the 1970s?

We asked finance and economics specialist Steve Schiffris to explain it. What are the main threats this winter and how do you see them?

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