‘We may already be in recession’
The Standard - Podcast autorstwa The Evening Standard
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Brace yourselves, the Bank of England says we may already be in recession. It comes following the announcement of a hike in interest rates - for the 7th consecutive time - to 2.25%. It’s up by half a percentage point and takes borrowing costs to their highest levels since 2008. But, what exactly does this all mean for us? The Evening Standard’s Business Editor, Jonathan Prynn, explains. Hosted on Acast. See acast.com/privacy for more information.