🚨NEW 🚨Bank of England says UK households must brace themselves for the biggest annual fall in their standard of living since comparable records began three decades ago, as it:- Raises interest rates to 0.5%- Says inflation will surpass 7%- Slashes GDP forecast— Ed Conway (@EdConwaySky) February 3, 2022
Can someone please get me out of this fucking country.
Around 20% of UK firms are 'zombies' kept afloat only by cheap credit. I don't know if a raise to 0.5% would be enough to topple them but I guess we'll find out!
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Around 20% of UK firms are 'zombies' kept afloat only by cheap credit. I don't know if a raise to 0.5% would be enough to topple them but I guess we'll find out!