THREAD 1/ The UK begins life outside the EU burdened by economic ills that have gone unresolved for more than a decade trib.al/Dp4elPN 
2/ The Bank of England has a downbeat assessment of the medium-term outlook for the UK economy, with growth predicted to be less than 1% this year – the worst performance since 2009 trib.al/Dp4elPN
3/ Nowhere has the productivity malaise been felt more keenly than in wage packets. UK living standards are only now returning to the levels they reached in early 2008 trib.al/Dp4elPN
4/ Britain has relied heavily on a plentiful supply of labor to drive the economy, with more than 3 million jobs created over the past 6 years. Now there is little slack left and post-Brexit immigration curbs could exacerbate the shortage of potential workers
5/ Johnson is throwing off austerity and preparing to spend in an effort to galvanize UK growth. If he delivers on his election pledges, the economy could get a significant fiscal stimulus equal to more than 1% of GDP next year trib.al/Dp4elPN
6/ Johnson won the election by persuading working-class, pro-Brexit voters in traditional Labour heartlands to back him. As he attempts to shift the political agenda toward domestic issues, the premier is promising to tackle the wide disparities between regions
7/ London and southeast England significantly outperform other parts of the UK, with the productivity gulf no narrower than it was in 2008 trib.al/Dp4elPN
