
A look ahead at the key events leading the news agenda next week, from the team at Foresight News.
That warning became a reality when the Bank of England raised interest rates to their highest levels in almost three decades and confirmed it eventually expects rates to peak at 13%. The bank also predicted that the UK would enter a five-quarter recession this year and said it would take “around two years” for inflation to then fall back to its 2% target. Whatever promises are made by the next Prime Minister, it’s clear that facing the coming crisis and finding a resolution to the cost of living struggles facing the country will be a formidable task for either contender.
You've reached your limit of free articles
Please register now to continue reading