Latest video updates related to queen elizabeth,luther vandross,apple,chelsea vs brighton,eastenders,jim steinman,tom cruise,wimbledon,anne robinson,elephant and castle,croatia vs spain,tiafoe,basilashvili,,ewan mcgregor,peter mcgarry,cardi b,memphis depay,sharon stone,finance. Check out this “UK faces longest ever recession – warns Bank of England” video below:

Sky News’ Economics and Data Editor Ed Conway has left the meeting at the Bank of England where the rise in the interest rate to 3% was announced.

The rate rise is faster than any seen in any previous decision in the last three decades of Bank of England independence.

The Bank says the UK economy is already in recession, and this could last for four quarters and be “quite protracted” in…..(read more)

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