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2022-09-26 13:21:04 https://www.binance.com/en/support/announcement/4769eab576c4479eaa14adc1eb587226?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial ओपन / कमेंट

2022-09-25 07:56:00 UK Recession Confirmed as BoE Hikes Interest Rates AGAIN

UK interest rates are now at their highest since 2008 as the beleaguered nation grapples with the highest inflation in 40 years, soaring energy costs, and a catastrophic cost of living crisis.

Interest now sits at 2.25% after a 0.5% bump - despite three of the bank’s monetary policy committee voting for a sharper increase - as the bank predicts a continuing reverse in the economy as the impact of businesses shutting in respect for the Queen's funeral hits home. ओपन / कमेंट