borrowing costs because interest rates are going up, and there doesn't seem to be much light at the end of the tunnel, it looks like it is time to batten down the hatches. economically speaking, 2023 is going to be pretty grim. economically speaking, 2023 is going to be pretty grim-— to be pretty grim. eleanor, he has taken all the _ to be pretty grim. eleanor, he has taken all the good _ to be pretty grim. eleanor, he has taken all the good lines, - to be pretty grim. eleanor, he has taken all the good lines, all - to be pretty grim. eleanor, he has taken all the good lines, all the i taken all the good lines, all the bad lines there! it is partly about relativism, they may be great by the end of the year, it is just that the uk will be behind everyone else. yes, exactly, and the economists point _ yes, exactly, and the economists point out — yes, exactly, and the economists point out a — yes, exactly, and the economists point out a couple of reasons for that, _ point out a couple of reasons for that, one — point out a couple of reasons for that, one of which is brexit and the other— that, one of which is brexit and the other is_ that, one of which is brexit and the other is neglect of public services under_ other is neglect of public services under very— other is neglect of public services under very tight labour market. there _ under very tight labour market. there could be a little bit of growth _ there could be a little bit of growth but ultimately we are going to lag _ growth but ultimately we are going to lag behind the rest of the g7 for a number— to lag behind the rest of the g7 for a number of reasons, notjust the ones _ a number of reasons, notjust the ones listed — a number of reasons, notjust the ones listed. this one is particularly bleak, little more bleak— particularly bleak, little more bleak than previous years but within the bleakness there are a few speckles _ the bleakness there are a few speckles of hope.— the bleakness there are a few speckles of hope. we'll come to those in a _ speckles of hope. we'll come to those in a second. _