Your Monday morning coffee briefing from TFG. The UK’s post-pandemic recovery is weakening as inflation worries hit record highs, according to a new British Chambers of Commerce (BCC) survey.
A new survey has found that the UK’s post-pandemic recovery is losing momentum, as inflation worries spread and business sentiment turns negative.
The Bank of England (BoE) has raised its benchmark interest rate from 0.1% to 0.25%, in its first rate hike since August 2018.
The UK’s consumer prices index (CPI) rose to 5.1% last month, hitting its highest level in a decade.