Ten Things You Need to Know Today: 9 August 2023

The Week’s daily digest of the news agenda, published at 8am

1. Five years of lost growth forecast

Rishi Sunak will fight the next general election with an economy suffering from five years of lost growth and a widening of the gap between the affluent and less well off, said the National Institute of Economic and Social Research. A triple blow of Brexit, Covid and the Ukraine war had badly affected the UK economy, said the thinktank, and it forecast that the spending power of workers in many parts of the UK will remain below pre-pandemic levels until the end of 2024.

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