Bank of England Warns of Longest Recession in 100 Years As It Raises Rates to 3%

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UK economy faces ‘very challenging outlook’ with recession now expected to last until middle of 2024 Analysis: Bank signals rates probably won’t go much higher How will the UK interest rate hike affect you? Larry Elliott and Phillip Inman Guardian The Bank of England has warned the UK risked being plunged into the longest recession […]
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