Author: News Desk

CITY AM – UK economy not out of the woods yet UK recession still on the cards after aggressive Bank of England interest rate hikes Read the business pages here   CITYAM SAYS A recession is still on the cards in the UK despite the economy performing much better than experts predicted just a few months ago, new forecasts out today project. Higher interest rates and households responding to the cost of living crunch gripping their finances by trimming spending is tipped to push GDP 0.3 per cent lower this year, according to consultancy KPMG. Families are being hit by the…

Read More