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The news that the UK has now had two consecutive quarters of contraction in GDP and that GDP per capita has fallen since early 2022 is clearly very bad for Rishi Sunak and the Conservative Party’s prospects at the next general election. It turns out that the UK’s economic challenges could not be cured by simply “putting the grown-ups back in charge”. It has become clear that, to get the economy growing, we needed radical changes, as Liz Truss had tried and failed to introduce, not the “more of t

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