Bloomberg Daybreak: Europe Edition cover image

UK Profit Margins And Pay Rises 'Unsustainable' & Titanic Sub Crew Killed In Catastrophic Implosion

Bloomberg Daybreak: Europe Edition

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The Bank of England Raising Rates by Half a Point to 5%

Bank of England raises rates by half a percentage point to 5% in warning that it may have to hike again. Britain's mortgage market has become a horror show for borrowers and for the government, says Philipp Olgwick from Bloomberg. And why the economy going up so much is likely now that we're headed for a recession, he adds.

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