Crypto Currency Tracker logo Crypto Currency Tracker logo
Cryptopolitan 2023-05-18 13:15:51

UK is experiencing a nasty wage-price spiral – Here is why

The economic landscape in the UK is currently on a tense roller coaster ride, a situation that Andrew Bailey, Governor of the Bank of England, had been predicting for over a year. The United Kingdom, he asserts, has fallen into a pernicious wage-price spiral despite twelve consecutive central bank interest rate increments aimed to control ... Read more

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.