No recession but output dropped in several sectors affected by strikes
Quarter-point rate hike predicted as Ukraine war drives prices up
Amid historic inflation and hospital strikes, financial advisor says Hunt “needs to remain boring and predictable”
Britain dodged two consecutive shrinking quarters, GDP grew 0.4% in 2022
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
Deutsche Bank forecasts Bank of England’s 2% target reachable in 2024
At 10.7%, British inflation higher than 7.1% in U.S.
The aggressive move comes even as the bank predicted a two-year economic contraction
With rampant inflation, public borrowing rose to 98% of economic output in September
Fuel costs up 32% year over year