MARKET REPORT: Stock markets suffer another day of heavy losses - This is Money

Just a day after the Bank of England raised UK interest rates to 1 per cent while warning sky-high inflation could tip Britain into recession, the FTSE 100 index fell 1.5 per cent.

Global stock markets suffered another day of heavy losses as investors fretted over the outlook for economies around the world.  Just a day after the Bank of England raised UK interest rates to 1 pe… [+3963 chars]

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