World Bank of England hikes rates by 50 basis points, now sees ‘much shallower’ recession than feared 2 years 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 Friend of Mohsen Mahdawi pushes back on claims of anti-Semitism 32 mins ago World Gaza siege reaches 60th day as US defends Israel at ICJ 32 mins ago World Snap sinks 15% after withholding guidance, citing ad concerns 32 mins ago Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website