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Interest rate rise as UK faces lengthy economic recession

4 August 202219 January 2024Political Fiber0

The Bank of England has raised interest rates by 0.5% to 1.75% and given a bleak warning that the UK faces a lengthy recession that will hit millions of the most vulnerable people hardest. UK interest rates are now at the highest level since January 2009 and today’s 0.5% hike is the steepest in 27 […]

Budget 2021 – £65n boost for business but focus is biggest tax hikes for 50 years

3 March 202119 January 2024Joe Cahal0

Rishi Sunak delivered his second Budget as chancellor with a further £65 billion boost for businesses and workers hit by the pandemic, but the focus has been on the biggest tax rises for half a century. The Financial Times labels the budget a “spend now, tax later Budget” while the Conservative supporting Telegraph headlines their […]

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Interest rate rise as UK faces lengthy economic recession

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