Bank of England warns of 'longest recession' amid 3 per cent interest hike

The Argus

03 Nov 2022 0 shares 1 views

Bank of England warns of 'longest recession' amid 3 per cent interest hike

Bank of England warns of 'longest recession' amid 3 per cent interest hike

The Argus

Published 03 Nov 2022

The Bank warned the UK could be on course for its longest recession since reliable records began a century ago as it announced the decision.

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Bank of England warns UK will fall into its longest ever recession

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The warning comes as interest rates were today hiked to three per cent.

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