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UK facing a 'very challenging' two-year recession: Bank of England
short by Ankush Verma / on 04 Nov 2022,Friday
The Bank of England has said that the UK is facing a "very challenging" two-year recession as it raised interest rates to 3%. This would be the longest recession since comparable records began. The Bank of England forecasts inflation will hit a 40-year high of around 11% during the current quarter.
short by Ankush Verma / 02:12 pm on 04 Nov
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