The Bank of England is expected to continue increasing interest rates this year in a bid to tame double-digit inflation that is the worst in Europe
The Bank of England will push the UK into recession by the end of the year in its battle to curb the worst inflation of any G7 economy, economists have warned.
Economists Dan Hanson and Ana Andrade from Bloomberg Economics said a shallow but protracted downturn in the UK economy will be the price of taming an inflation rate that remains stubbornly close to double digits — despite 13 straight interest-rate increases since the end ...
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