BoE flags risk of recession and 10% inflation as it raises rates again - Reuters UK
/cloudfront-us-east-2.images.arcpublishing.com/reuters/3CGMRDNO4RO73BNVX4UO3YI4RE.jpg)
The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.
LONDON, May 5 (Reuters) - The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest s… [+5340 chars]
Read More
Other Stories in General
- Gold Road Resources (ELKMF) Agrees to Acquisition by Gold Fields
- Faraday Future's FX Brand Announces an Additional Significant Pre-Order for its FX Super One MPV, Adding 300 Units in Another B2B Agreement
- 3 House Democrats withdraw their names from cosponsorship of new Trump articles of impeachment
- Jalen Brunson's late 3-pointer dooms Pistons, Knicks advance
- Haeran Ryu cards 63, leads LPGA Black Desert Championship
- Jalen Brunson's late 3-pointer dooms Pistons, Knicks advance
- Sprouts Farmers Market (SFM) Reports Strong Q1 2025 Growth and Announces New Initiatives
- Sprouts Farmers Market (SFM) Reports Strong Q1 2025 Growth and Announces New Initiatives
- LSB Industries (LXU) Projects Increased Ammonia Output Amid Strong Pricing
