Channel: Sky News

Category: News & Politics

Tags: inflationrecessionoilukwatch sky news livegloomygaspricescashlatestenergyskynewsbusinessforecasteconomyhouseholdsfamiliesanalysiscost of living crisisbank of englanded conwaychancellorspendingmoneyukrainegrowthbreaking news

Description: Sky's Economic Editor Ed Conway says the Bank of England is warning a recession could be ahead, and this, combined with double-digit inflation and stalling growth, means a toxic cocktail for the economy. Read more of Ed's analysis here: news.sky.com/story/interest-rate-raised-to-1-by-bank-of-england-hitting-13-year-high-12605700 SUBSCRIBE to our YouTube channel for more videos: youtube.com/skynews Follow us on Twitter: twitter.com/skynews Like us on Facebook: facebook.com/skynews Follow us on Instagram: instagram.com/skynews Follow us on TikTok: tiktok.com/@skynews For more content go to news.sky.com and download our apps: Apple: itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí youtube.com/channel/skynewsespanol Sky News videos are also available in German here/Hier können Sie außerdem Sky News-Videos auf Deutsch finden: youtube.com/channel/UCHYg31l2xrF-Bj859nsOfnA To enquire about licensing Sky News content, you can find more information here: news.sky.com/info/library-sales