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UK prepares for recession amid rising interest rates

https://youtube.com/watch?v=eHUWMFdOlusOwning a home is getting more expensive as lenders begin putting up mortgage rates, spooked by stubbornly high inflation figures. (Subscribe: https://bit.ly/C4_News_Subscribe) The Bank of England is under even more pressure to raise interest rates…

Why are prices rising faster in the UK…

https://youtube.com/watch?v=kDvl5G7Y69gSky's Paul Kelso analyses how the UK economy is faring compared to other major countries as inflation falls by less than expected. Read more on: https://news.sky.com/story/uk-inflation-why-are-food-prices-rising-so-much-12860884 #ukinflation #energybills #foodcosts SUBSCRIBE to our YouTube channel for…

UK economy crippled by inflation – are high…

https://youtube.com/watch?v=WSIuRlbhHuIBritain has the highest inflation rate in Western Europe. Last month the rising cost of food contributed to a 10.1% inflation rate, only a slight drop from the month before. (Subscribe: https://bit.ly/C4_News_Subscribe) In the past…

UK interest rates hiked to 4.25% after surprise…

https://youtube.com/watch?v=vwSUliStrosInterest rates have gone up to 4.25% - their highest level in 15 years. (Subscribe: https://bit.ly/C4_News_Subscribe) But although the Bank of England warned that inflation was stubbornly high - they said the economy was getting…

Food inflation hits highest level since records began

https://youtube.com/watch?v=P9FFGaQ51MYFood inflation has hit its highest level since records began seventeen years ago, with the price of the average shop 13.3% higher this December than it was the year before, according to the British Retail…

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Inflation: ‘We’re in for a more few shocks…

https://youtube.com/watch?v=LBQNvQoIhKQFormer member of the Bank of England's Monetary Policy Committee Andrew Sentance says the recent inflation rise could only be the tip of the iceberg. UK inflation now stands at 11.1%, as energy bills and…