5:58:59 AM PDT - Wednesday, August 17th, 2022

Pound slumps despite biggest interest rate rise in 27 years – live updates  

By Editor - Thu Aug 04, 5:54 am

Longest recession since 2008 and inflation to hit 13pc, warns Bank of England Pound slumps 0.4pc after biggest interest rate rise since 1995 FTSE 100 pushes 0.5pc higher Ambrose Evans-Pritchard: UK inflation is below the OECD average, and growth is beating Europe Sign up here for our daily business briefing newsletter

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Pound slumps despite biggest interest rate rise in 27 years – live updates

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