UK set for recession and pound test of historic lows, survey finds | Irish Examiner/Bloomberg
“Six years after Britain decided to leave the EU, market participants see a country in crisis: the UK is stumbling toward recession as inflation spirals while the pound is on course to retest historic lows.”
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More than four-in-five respondents expect a recession within a year, while most see the pound at risk of touching early-pandemic lows and bad days ahead for British stocks and bonds.
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Bloomberg