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UK recession fears mount after Bank of England hikes borrowing rates more than expected - Business News

UK recession fears mount after Bank of England hikes borrowing rates more than expected - Business News
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United kingdomLuke bartholomewPaul nowakJeremy huntAndrew baileyMonetary policy committeeUnion congressSwiss national bankEuropean unionLabour partyBank govEuropean central bankTrades union

Bank of England s surprise rate hike spurs U K recession fears - National

The size of the Bank of England's 13th hike in a row was somewhat of a surprise, with most economists predicting a smaller quarter-point increase.

British columbiaUnited kingdomLuke bartholomewPaul nowakAndrew baileyJeremy huntRandy ryallsRoyal lepage sterling realtySwiss national bankLabour partyEuropean unionMonetary policy committeeUnion congressBank govMetro vancouverEuropean central bank

Bank of England s surprise rate hike spurs U K recession fears

The size of the Bank of England’s 13th hike in a row was somewhat of a surprise, with most economists predicting a smaller quarter-point increase.

United kingdomPaul nowakLuke bartholomewJeremy huntAndrew baileyUnion congressEuropean unionBank govLabour partySwiss national bankMonetary policy committeeEuropean central bankTrades unionCanadian pressBank of englandBank of england interest rate

BOE Signals Willingness for Further Tightening, -2-

1148 GMT - Some investors had been speculating about a 50 basis point interest-rate rise by the Bank of England following another stronger-than-expected inflation reading on Wednesday, but this decision will come as a shock for many in the market, Luke.

City ofUnited kingdomChristopher bamberryNeil birrellChris beauchampRoger hallamLuke bartholomewRichard carterHuw daviesPremier miton investorsSuggests policymakers have been behindJupiter asset managementAfter bankEngland interest rate riseWeak outlook weighsFinancial markets consulting

U K recession fears mount after Bank of England hikes borrowing rates by more than expected

With inflation at 8.7%, monetary policy committee raised interest rate to 5%

United kingdomPaul nowakLuke bartholomewJeremy huntAndrew baileySwiss national bankEuropean unionLabour partyBank govUnion congressEuropean central bankTrades union

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