Podknife - ‘We may already be in recession’ by The Leader

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‘We may already be in recession’

Podcast |: The Leader | Evening Standard daily
Publisher |: The Evening Standard
Media Type |: audio
Podknife tags |: Coronavirus,; Health,; Illness,; News & Politics,; Science & Medicine,; Society & Culture
Categories Via RSS |: Daily News,; News,; Politics,; Society & Culture
Publication Date |: Sep 22, 2022
Episode Duration |: 00:10:57

Brace yourselves, the Bank of England says we may already be in recession.

It comes following the announcement of a hike in interest rates - for the 7th consecutive time - to 2.25%. It’s up by half a percentage point and takes borrowing costs to their highest levels since 2008.

But, what exactly does this all mean for us? The Evening Standard’s Business Editor, Jonathan Prynn, explains.

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