Bank of England news conference on interest rates being held at 5.25%

The British economy is going to be flatlining for the foreseeable future, with next to no economic growth all the way through til early 2025, according to a bleak set of forecasts from the Bank of England.

The forecasts, published alongside the Bank's latest decision to hold interest rates steady at 5.25%, imply that the coming general election will be fought against a backdrop of economic stagnation.

#BankOfEngland #Economy #InterestRates #Business #Markets #Live

[earnestequivocation]

Are record breaking corporate profits a factor in inflation?
Lower than inflation pay ‘rises’ seem
to be getting the blame. Is that fair?

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English don't like to be rich Brexit means Brexit

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The great depression2 heading that way