Interest rate rises to 3% - the biggest hike in decades -
https://www.bbc.co.uk/news/live/uk-63431894
Bank of England expects UK to fall into longest ever recession
- The Bank of England has warned the UK will see its longest recession since records began, as it raised interest rates by the most in 33 years.
In its outlook for the UK economy, it said the country would face a "very challenging" two-year slump. -
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https://www.bbc.co.uk/news/business-63471725