World Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared 1 year ago The Bank of England on Thursday hiked interest rates by 50 basis points. Continue Reading Previous Oil giant Shell posts highest-ever annual profit of $40 billionNext Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared More Stories World Israel’s Gantz demands Gaza post-war plan, threathens to quit gov’t 31 mins ago World Russian court seizes two European banks’ assets amid Western sanctions 4 hours ago World Georgia’s president vetoes controversial ‘foreign agents’ bill 5 hours ago Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website