Manufacturing Technology Today

UK heads for long recession as economy shrinks by 0.2%

The Guardian Manufacturing

NOVEMBER 10, 2022

ONS figures for three months to September give bleak picture in run-up to chancellor’s autumn statement Business live updates: Jeremy Hunt warns of ‘tough road ahead’ Britain’s economy shrank by 0.2% in the three months to September, in what is expected to be the beginning of a long recession.

Manufacturing

UK ‘in recession’ as Bank of England hikes interest rates to 14-year high

E&T

SEPTEMBER 22, 2022

However, the Bank’s MPC has witnessed a hectic political period in the seven weeks since last meeting, which has seen Liz Truss appointed Prime Minister and her new government reveal its energy support for consumers and businesses. In its previous meeting in August, the Bank of England warned that inflation was likely to peak at 13.3

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Manufacturing Technology Today

UK heads for long recession as economy shrinks by 0.2%

UK ‘in recession’ as Bank of England hikes interest rates to 14-year high

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