Tag recession

Andrew Bailey warns of “tough road ahead” for UK households The Bank of England today raised interest rates by 0.75% to 3.0%. That’s the biggest rise since 1989. The BoE adds that the UK is already in a recession that… Continue Reading →

This is what the 1929–39 Great Depression was like It’s always good to be prepared for any eventuality. Some are predicting that another Great Depression is heading our way. Would you be able to survive? I take a look at what… Continue Reading →

UK inflation hits 9% with more to come The UK economy is in a state of devastation. Millions of people are using foodbanks, pensioners can’t afford to heat their homes, and families are going hungry. BoE expects “apocalyptic” food price rises That… Continue Reading →

Please prepare yourself with the tips below While experts argue about whether there will be a recession or not, it’s a pointless debate. For most, it will feel like a recession whether it’s technically one or not. Interest Rate Hikes Yesterday, the… Continue Reading →