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Sky News Ian King Live interview

Jan 13, 2023

It was good to be back on Ian King Live discussing the UK’s latest GDP figures. While the economy avoided a technical recession at the end of 2022, it is still weak and the picture varies considerably with construction solid, services recovering but manufacturing weak. With the economy slowing, inflation having peaked and decelerating, previous rate hikes feeding through and further monetary policy tightening in terms of reversing QE already announced, rates should plateau at 3.5% but GDP data may feed the Bank of England hawks.

Watch my whole interview below.