GRIM economic figures have suggested the UK economy is teetering on the brink of a sharp recession as higher interest rates dent business activity. A closely watched survey of manufacturers and the…
However, these recession warnings have shocked economists, and traders are now betting interest rates will peak at 5.5 per cent.
Analysts at Pantheon Economics said that the weak PMI data “should convince the Bank to stop” raising rates.Simon French, chief economist at Panmure Gordon, said: “The loss of momentum in the latest activity data really matters for UK borrowers.“This will be reflected in the borrowing rates offered by high street banks.
reported that overall sales in Europe had grown by over 14 per cent in the past year, with its “buy now, pay later” policy accounting for a third of all transactions.This summer Klarna announced a partnership with Peppa Pig World’s owner, Paultons theme park. The partnership allows visitors to pay for tickets over 30 days or split their purchases into three-month, interest-free instalments — helping to lower the upfront cost of a day at the attraction in Romsey, near
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Corrie: Carla's shock discovery, Evelyn's grim warning and Stephen pays at lastNext week's Corrie revealed in episode by episode guide.
Læs mere »
UK facing 'heightened recession risks' as private sector suffers shock declineAN economist has warned the UK is facing “heightened recession risks” after the private sector suffered a shock downturn in August.
Læs mere »
Barbie has knocked biggest film off the top spot foreverAccording to UK and Ireland box office figures, takings have soared past the Tom Cruise hit and has been the most popular film this year
Læs mere »
'Heightened recession risks' as economy on course for contraction, report warnsA closely-watched indicator of economic activity suggests the economy is on course to contract in the current third quarter of the year.
Læs mere »
Women more severely affected by ME, study claimsME/CFS is estimated to affect more than 250,000 people in the UK, of all ages and from all social and economic backgrounds.
Læs mere »
Women more severely affected by ME, study claimsME/CFS is estimated to affect more than 250,000 people in the UK, of all ages and from all social and economic backgrounds.
Læs mere »