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UK economy left on 'knife edge' as rate hike torrent takes its toll

The British economy saw inflation finally abate in 2023 but could still finish with a recession and more pressure from the full impact of the barrage of interest rate hikes, with experts warning that the economy has been left on a “knife edge” heading into 2024. ....

United Kingdom , Andrew Bailey , Thomas Pugh , Investec Sandra Horsfield , Office For National Statistics , Ey Item Club , Prime Minister Rishi Sunak , Laith Khalaf , Consumer Prices Index , National Statistics ,