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Business Live | UK Business news, analysis & Thought Leadership - Economy
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Global markets tumble as FTSE 100 hits new low, recession fears escalate after weak US job data - Business Live
The blue-chip index dropped 1.8 per cent to 8,024.02 on Monday morning, while the mid-cap FTSE 250, which is more closely aligned with the health of the UK economy, fell three per cent to 20,210.11
Bank of England interest rate decision: views divided as economists wait to see if cuts are on way - Business Live
The Bank Rate has stood at 5.25 per cent since last August, but rate-setters have been edging closer and closer to cutting rates over the past few months as inflation has come back under control