The UK faces a profound economic crisis. On Thursday, the Bank of England aggressively upped interest rates by 0.75 percentage points to 3 per cent, the biggest single increase since 1989. Millions of mortgage- and rent-payers will be hit hard by this hike,exacerbating already-torrid economic conditions as real wages fall and costs continue to rise. … Continue reading Week-in-Review: As recession looms, Sunak’s spinning operation begins