BBCNEWS BBC July 6, 2024
a bit more persistent. so, in general the market's expecting maybe one or two more interest rate rises, up to about 5%. the fact we are not in recession probably doesn't change that thinking. the man in charge of the uk's economy has welcomed the rise. here's chancellor of the exchequer, jeremy hunt. these are much better figures than anyone would possibly have predicted even three months ago. that is partly because what the governor of the bank of england said yesterday. measures in the budget that are helping to help companies to recruit and tackle some of the underlying problems i...