UK recession risk deepens but consumers stay unfazed ...Middle East

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UK recession risk deepens but consumers stay unfazed
source : Devdiscourse ( Middle East ) () 53
Britain's economy displayed clear recession signals on Friday, a day after the Bank of England called a halt to its long run of interest rate increases that have turned the tide on inflation but at the expense of a hit to businesses. A business survey, which the BoE factored into its decision to keep rates on hold, showed companies endured a much tougher September than feared, marked by growing unemployment.

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