Last year was one of the most challenging in decades. Inflation reached levels unseen since the 1980s, while interest rates reached their highest point in 14 years. While there’s been some bounce back from the initial effects, recovery is slow, and its legacies still linger.
According to the Bank of England (BoE), Britain is set to enter a period of prolonged recession, affecting credit and job security, and leaving investors looking closely at inflation and interest rates.
So what will 2023 look like?
