UK economy: 'Depressing' forecast as interest rates not expected to go down 'anytime soon'

The Bank of England has raised interest rates for the fourteenth successive time, lifting its official rate to 5.25%.

Thursday 3 August 2023 11:51, UK

Sky's Economics and data editor Ed Conway says that the growth forecasts are 'rather depressing', suggesting that the economy will flatline for the next three years.
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