Sat. Nov 23rd, 2024

Bank of England predicts 13% inflation and recession as interest rates rise

Bank of England predicts 13% inflation and recession as interest rates rise

The UK is set to fall into its longest recession since the financial crisis and inflation will peak at more than 13% as gas prices soar, the Bank of England has warned.

Continue reading: https://www.standard.co.uk/news/uk/interest-rate-bank-of-england-mortagage-repayment-fixed-b1016645.html

Subscribe to the Evening Standard on YouTube: https://www.youtube.com/channel/UC7RQon_YwCnp_LbPtEwW65w?sub_confirmation=1

Related Post