UK banks face a sensitive problem: fatter profits from rising rates | Curio
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UK banks face a sensitive problem: fatter profits from rising rates

6 mins | Oct 20, 2022
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The nation has leapt out of the pan and into the inflation fire. The UK is trapped in yet another financial crisis, pointing fingers at low-interest rates. Increasing these rates is bringing high returns. However, Jonathan Guthrie warns that this short-term fix will cause severe financial stress and an even deeper recession if the nation's economists are not careful.

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