Britain heading for recession
The Bank of England has warned of the longest recession since the financial crisis as it hikes interest rates by 0.5 points, the sharpest rise since 1995.
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The Bank of England has warned of the longest recession since the financial crisis as it hikes interest rates by 0.5 points, the sharpest rise since 1995.
The Conservative party may be thought of as nasty but when it comes to the economy, its big asset is competence.
Time to encourage Britain’s animal spirits otherwise we will be heading for higher interest rates and stagflation.
A personal view from Ian Stewart, Deloitte’s Chief Economist in the UK. Recessions and shocks change the structure of the economy, accelerating the adoption of
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