Tag: United Kingdom

Financial Services, Industries

Bank of England raises rates by half-point to tame inflation

August 4, 2022

Via: ABC News

The Bank of England projected Thursday that the United Kingdom’s economy will enter a recession at the end of the year as it hiked interest rates by the largest amount in more than 27 years, pushing to tame accelerating inflation […]

Energy, Industries

High energy costs are hitting UK; it’s about to get worse

April 1, 2022

Via: ABC News

Tia Rutherford is worried about her 3-year-old son. As energy prices soared last fall, she tacked fleece blankets over her doors and windows to keep the cold out and started serving Jacob breakfast in his room so she didn’t have […]