and the independent trade economist rebecca harding. we start here in the uk where the economy is expected to do worse than every other major advanced country this year, including russia which has been hit by a barrage of economic sanctions from the west. that s according to the international monetary fund, the imf. it said the uk economy will shrink by 0.6% in 2023, rather than grow slightly as previously predicted. here s what they ve had to say. we have a very challenging environment in the united kingdom. we have a large terms of charts meaning that an energy crisis is very strong and in a country where there is a high dependence on liquid natural gas in the high pass through of the wholesale price to the retail price and this is heading towards the cost of living crisis and we have an environment as a response to this high inflation, there was a tightening of monetary policy by the bank of england and in the uk, this fits quickly into mortgages because a lot of mortgag
along equipment. some of this may also be a along equipment. some of this may also be a negotiating tactic with our allies also be a negotiating tactic with ourallies. germany also be a negotiating tactic with our allies. germany was being very reluctant our allies. germany was being very reluctant to our allies. germany was being very reluctant to go alone in providing tanks reluctant to go alone in providing tanks the reluctant to go alone in providing tanks. the us was reluctant to send tanks tanks. the us was reluctant to send tanks for tanks. the us was reluctant to send tanks for the same reasons that were discussed- tanks for the same reasons that were discussed our tanks maybe didn t work discussed our tanks maybe didn t work as discussed our tanks maybe didn t work as well on this terrain as the german work as well on this terrain as the german tanks did. but eventually through german tanks did. but eventually through negotiation and agreeing to send som