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Author Topic: UK economy to be in recession for more than a year, Bank of England warns  (Read 293 times)
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headset
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« on: August 04, 2022, 02:28:18 PM »

as it hikes rates...



The UK economy will be plunged into recession for more than a year this autumn as rising energy prices push inflation above 13%, the Bank of England has warned.


not good news and that's all we need to hear

with the bulldog spirit as a country, we just fight through it

:ukfist:



https://news.sky.com/story/interest-rates-rise-to-1-75-in-biggest-hike-for-27-years-12665163
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Bob End and his Sexy Bitch
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« Reply #1 on: August 04, 2022, 03:23:36 PM »

It is clear that the Conservatives mantra that the economy is safe in their hands is another fucking lie  :alf: :alf: :alf: :alf: :alf: :alf: :alf:. It's like 1979 here.

Get Gordon Brown back  :homer:
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headset
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« Reply #2 on: August 05, 2022, 06:35:49 AM »

candles at the ready bob!
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MF(c) DOOM
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« Reply #3 on: August 05, 2022, 07:14:52 AM »

Bank of England say this, IMF produce data that shows differential in cost increases is massively more in UK than anywhere else, governments own economic forecasters saying our economic woe is going to be harder and longer than the rest of Europe. Fucking lying lefty cunts the lot of them, willfully blind to the sunlit uplands ahead of us.
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kippers
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« Reply #4 on: August 05, 2022, 04:44:33 PM »

I somehow think that our economy is in a vastly better shape than most european countries, and that's before this winters energy shortage.
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MF(c) DOOM
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« Reply #5 on: August 05, 2022, 10:56:34 PM »

I somehow think that our economy is in a vastly better shape than most european countries, and that's before this winters energy shortage.

What makes you think that? Do you have different data to the IMF amd the governments own economic forecasters?
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