UK recession 2022

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The Bank now thinks that the UK will enter a recession in October that will last until the end of 2023, the longest since the 2008 financial crisis. It expects inflation to peak above 13% later this year, the highest rate since 1980, and to stay high for much of next year. And it says unemployment is likely to climb to 6.3% by 2025, from 3.7% today.

Friday briefing: What the interest rate spike means for the country – and for…

1. Elsewhere

1.1. In my garden

Notes that link to this note (AKA backlinks).

1.2. In the Agora

1.3. Mentions

This page last updated: 2022-08-05 Fri 18:07. Map. Recent changes. Source. Peer Production License.