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Recently, the economic situation in the UK has attracted widespread attention, with the market generally expecting the Bank of England to announce a 25 basis point rate cut next Thursday, adjusting the benchmark interest rate to 4%. This decision is not surprising and actually reflects the severe economic conditions currently faced by the UK.
Latest data shows that the UK's Gross Domestic Product (GDP) has recorded negative growth for two consecutive quarters, making a technical recession seem inevitable. Even more concerning is that the labor market is also showing signs of weakness, with une
View OriginalLatest data shows that the UK's Gross Domestic Product (GDP) has recorded negative growth for two consecutive quarters, making a technical recession seem inevitable. Even more concerning is that the labor market is also showing signs of weakness, with une