The cost of living crisis could tip the UK into a mild recession next year, prompting the Bank of England to pause interest rate hikes, according to a new report. Accountancy giant KPMG…
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Cost of living crisis could tip UK into ‘mild recession’ next year
Bank of England likely to pause interest rate hikes next year as cost of living crisis leaves Britain facing ‘mild recession’, KPMG says KPMG sees UK economy growing 3.2% this year, compared to…