Tag Archives: Andrew Bailey

Smarkets: All eyes on Sunak Statement as UK recession looms at 32% 

SBC News Smarkets: All eyes on Sunak Statement as UK recession looms at 32% 

British households and businesses anxiously wait for Chancellor Rishi Sunak to announce his Spring Statement tomorrow, a missive that will outline how the government intends to navigate the toughest economic headwinds faced in a generation.  Yesterday the Bank of England raised interest rates back to the pre-pandemic level of 0.75%, deploying the fiscal measure to stop the economy being stunted …

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