Bank of England warns the UK will fall into recession this year

by 24britishtvAug. 5, 2022, 4 a.m. 19
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Announcing the largest rate rise in more than a quarter of a century in an attempt to temper even higher peaks in inflation of an incredible 13% is what the Bank of England actually did. But it is its prediction of a recession as long as the great financial crisis and as deep as that seen in the early 1990s that is the big shock here.

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